Miners drive FTSE higher as gold price rises

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Gold miners and their peers helped push the UK's leading index higher today, enjoying gains as precious metal prices rose.

With gold starting to trend upwards after a sustained sell-off over the first half of the year, miners led the FTSE 100 higher on the first day of September trading. By mid-afternoon the FTSE 100 was up 43 points at 5,754.8, with resources stocks dominating the risers. Gold was up marginally to $1,691 per ounce, while silver and copper were both up more sharply, giving miners the impetus to move higher. Among the biggest risers on the day were Fresnillo - the world's largest primary silver producer which also runs a substantial gold mining business - which saw shares rise 4% to £16...

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