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

11.54am GMT

Russia’s stock market is one of the better performers today.

11.44am GMT

Santa is also giving the Madrid stock market the cold shoulder today.

Spain’s IBEX 35 index has dipped by 22 points, or 0.2%, to 9,637 — one of the few European markets actually open today. France’s CAC is very slightly higher.

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