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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Blue-chips close down, Bitcoin at 20-month high, gold eases back from record price

Gold and bitcoin were in focus today as prices jumped in dealings linked to speculation over the outlook for US interest rate cuts.

The price of gold hit a record above $2100 an ounce while the cryptocurrency traded above the $40,000 threshold for the first time since April 2022.

The developments came during a downbeat start to the week for London’s FTSE 100 index.

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