FTSE 100 Live: Gold rally eases; Trump warns UK on China tradeInvestors have been piling into gold for several reasons (Photo by Chris McGrath/Getty Images)Good morning and welcome to the City AM liveblog. After becoming the FTSE 100’s top riser in 2025, gold miner Fresnillo has continued with gains in the new year, netting 20 per cent already. This is an inch below the FTSE 350 mining index, which is up 22 per cent for the year-to-date. The gains have come amid the soaring price of gold, which continued it’s blistering rally to surpass $5,500 on Thursday. Here’s a few of our top headlines from yesterday:Read more HSBC seals $300bn price tag as FTSE 100 banks rally