Miners Prosper as FTSE 100 Makes Steady Progress
The FTSE 100 index recouped some of Friday's losses, closing up 15.40 points at 9,442.87, a 0.2% increase.
Gold miners Fresnillo and Endeavour Mining saw significant gains, leaping 9.1% and 11% respectively.
The FTSE 250 ended 262.48 points higher at 22,064.32, a 1.2% increase, while the AIM All-Share rose 6.14 points to 792.47, a 0.8% increase.
In European equities, the CAC 40 in Paris closed up 0.2%, and the DAX 40 in Frankfurt ended up 0.6%.
This progress comes as President Donald Trump dialled down his rhetoric in the trade spat between the US and China, leading to a surge in gold prices.
President Donald Trump dialled down his rhetoric in the trade spat between the US and China.
Author's summary: Miners see gains as FTSE 100 recovers.
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