FTSE 100 Live: London stocks to hit ground running, gold flies past $3,800

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7.42am: Gold keeps on going

Gold prices are up 1.3% to another record high this morning, trading above $3,818 per oz.

This morning was the first time prices have crossed the $3,800/oz mark. 

As a reminder, gold was trading around $3,450/oz a month ago and at the start of the year was around $2,630/oz 

7.33am: GSK CEO change

GSK PLC (LSE:GSK, NYSE:GSK) chief executive Dame Emma Walmsley will step down from 1 January next year after almost nine years in the role. 

The pharmaceutical group has promoted its chief commercial officer, Luke Miels, as CEO designate. 

The Australian joined the FTSE 100 company in 2017, the year that Walmsley became CEO, and in his current role he is responsible for the FTSE 100 company’s portfolio of medicines and vaccines.

He joined from AstraZeneca, where he was executive vice president of their European business and, before that, was head of global product and portfolio strategy, global…

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