UK chancellor unhappy about past gold sales
Chancellor of the exchequer, George Osborne, today (March 21) took a swipe at Gordon Brown, former chancellor and prime minister of the UK, by seemingly criticising his decision to sell a proportion of the country's gold holdings 10 years ago.
In his budget speech, Osborne said the government was "taking the opportunity to rebuild Britain's reserves, which had fallen to historically low levels".
He confirmed UK gold holdings have risen in value to £11 billion. "This does not include the 400 or
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