James Forsyth James Forsyth

Brown’s golden touch

Gordon Brown ignored the Bank of England’s advice and sold off half this country’s gold reserves between 1999 and 2002 at an average price of $275 an ounce. Last night, gold reached $870 an ounce in after-hours trading in New York.

Comments

Join the debate for just $5 for 3 months

Be part of the conversation with other Spectator readers by getting your first three months for $5.

Already a subscriber? Log in