World markets report

A record gold price and news that China's factory output has increased gave markets a lift yesterday, as the FTSE gained 0.7%.

The FTSE 100 gained 0.7% yesterday, with miners the strongest sector, boosted by a record gold price and news that China's factory output has increased. Gold miners Randgold Resources and Fresnillo were the index's two top performers, climbing 6.1% and 5.9% respectively.

Insurers were also to the fore; Legal & General gained 5.5%, Aviva added 3% and Old Mutual rose 2.9%. Banks had a less impressive day, with stocks mixed - Lloyds registered a 5% gain, but RBS fell 1.9%.

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