§ Sir Teddy TaylorTo ask the Chancellor of the Exchequer what average price per ton was secured by the Bank of England for the recent sale of gold which he instructed them to carry out. [145631]
§ Miss Melanie Johnson[holding answer 15 January 2001]: As stated in the National Audit Office report on "The Sale of Part of the UK Gold Reserves", published on 12 January, the average price secured for the gold sold at the nine auctions held to date is $275.01 per ounce (paragraph 8 and 2.16).