Update: FTSE 100 slumps as gold purchasing soars

Fallen 1.1% to 7,323 points

Tom Eckett
Update: FTSE 100 slumps as gold purchasing soars

The FTSE 100 tumbled in morning trading as the City headed back to work after the Bank Holiday weekend amid increasing geopolitical tensions.

The UK's leading benchmark had fallen 1.1% to 7,323 points by lunchtime with supermarket giant Morrisons leading the way, falling 3.3% to 243p, while ITV also dropped 2.9% to 156p. In the currency markets,...

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