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Gold, copper rally propels London stocks higher
London equities kicked off the week on a positive note, helped by a rally among metal miners and defence stocks, while investors await comments from the Bank of England for hints on the central bank’s interest rate trajectory. The blue-chip FTSE 100 shook off its recent slump, climbing 0.3%, and breaking free from the two back-to-back sessions of losses. The mid-cap FTSE 250 gained 0.5%, inching close to its key 21,000 mark. Precious metal miners led sectoral gains, rising 2.3%, as bullion prices surged to record highs on bets the US Federal Reserve could deliver its first rate cut soon and industrial metal miners ... (full story)