FTSE up almost 2%

London’s blue chip share index soared almost 2% today amid encouraging news on the US housing market and a new record for gold prices.

FTSE up almost 2%

London’s blue chip share index soared almost 2% today amid encouraging news on the US housing market and a new record for gold prices.

Stocks were back in vogue as a weak dollar pushed up commodities, while better-than-expected American home sales boosted economic recovery hopes.

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