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The FTSE 100 has made steady progress despite a plunge in the gold price which saw heavy share price drops for Fresnillo and Endeavour Mining.
The FTSE 100 index closed up 23.42 points, 0.3%, at 9,426.99.
The FTSE 250 ended 39.82 points higher, 0.2%, at 21,908.30 but the AIM All-Share shed 5.20 points, 0.7%, at 765.86.
Gold went into reverse with the precious metal trading at 4,131.30 US dollars (£3,078) an ounce on Tuesday, down 4.9% from 4,345.43 dollars (£3,237) on Monday. The price of silver fared even worse, tumbling 6.8%.
Kathleen Brooks, research director at XTB, said: “The reversal has been abrupt, there was no single event that has caused today’s sell-off – instead, it is most likely caused by a confluence of factors including s
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