London's FTSE 100 climbs as miners gain on firmer gold prices
EWU•The FTSE 100 rose 0.6% to 10,746.09 points as higher gold prices lifted precious metal miners 3.4%. The FTSE 250 slipped 0.4%.
1. Miners lift blue chips
Britain's FTSE 100 rose 0.6% to 10,746.09 points by 1054 GMT on Monday, while the FTSE 250 fell 0.4%. Precious metal miners gained 3.4% as gold prices rose 0.7%.
2. Oil and jobs in focus
Oil prices fell more than 1%, helping ease inflation concerns but weighing on energy stocks. Investors also assessed a recruiter survey indicating that Britain's job market cooled in October, while starting salaries for permanent jobs rose at a faster pace.
