I had this on my 1990 MK1…I bought a diff and prop and gearbox to cure it then found it
It turned out to be the bearings in the propshaft that had gone dry. Try getting some gearbox oil, or spray grease onto the bearings… correct method is remove the propshaft, give the joints a tap (to release any stuck needle bearings) and grease
Another one for the prop here. Had the same problem on the Eunos. No noise on acceleration but a proper metallic squeal when lifting off the throttle. Make sure you get the right sized prop.