Gold hits six-week high as traders look for Santa Rally – business live
Rolling coverage of the latest economic and financial news, on the final trading day before Christmas
- Introduction: Gold rallies in pre-Christmas trading
- Analyst: Gold could keep rallying in 2020
- Trade war jitters haven’t gone away
- Quiet start to trading in London
10.28am GMT
China’s stock market had a good day, with the CSI 300 index closing 0.7% higher.
Stocks rallied after vice-premier Li Keqiang suggested China’s key interest rates could be cut to stimulate the economy. Beijing’s plan to cut tariffs on 850 products next month also cheered traders.
9.51am GMT
Like King Wenceslas trudging through the snow, the FTSE 250 index is marching slowly higher today.
The index of medium-size listed companies is up 30 points, or 0.13% at 21,872 today, close to last week’s record high.
Editor
