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FTSE 100 sets new record despite metals meltdown

FTSE 100 rose 1.2% to a record close driven by manufacturing optimism and pharma gains despite sharp drops in metals and Brent crude prices, analysts said.

Summary by The Independent
Gold was quoted lower at 4,696.11 dollars an ounce on Monday, down sharply against 5,003.82 dollars at the same time on Friday.

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GB News broke the news in London, United Kingdom on Monday, February 2, 2026.
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