World: Gold Passes $300 Mark
The dollar came under strong selling pressure yesterday, fueled by high U.S. inflation and money growth. Concern over the U.S. economy also pushed gold over the $300-an-ounce mark for the first time in 10 days.</br></br>In Zurich, gold closed at $303,125 an ounce, up from Thursday's $299.-875. In London, it rose to $302,375 from $296,375 and in New York, gold closed at $302.75 an ounce.</br></br>In Frankfurt, the dollar dosed at 1.8207 marks, down from 1,8230; in Zurich at 1.6463 Swiss francs, down from 1,6479; in Paris, at 4.2390. French franca, down from 4.24; in Amsterdam, at 2.0013 guilders from 2.0015. Brussels bucked the trend, giving the dollar a gain to 30.295 francs from 30.285 Thursday.</br></br>PROSPERING: Taiwan has enjoyed a prosperous foreign trade in the first seven months of 1979, while domestic inflation has kept an up-</br></br>Two-way trade grew by 31.3 percent to $16.74 billion with a surplus of $755.3 million in the first seven months, the figures showed.