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UK Gold Market Report - 12 October 2025

Sunday, 12 October 20250
HOLD

The gold market in the UK is currently influenced by global economic uncertainty, with prices elevated due to safe-haven demand. While momentum remains strong, the outlook is sensitive to changes in monetary policy, inflation trends, and geopolitical developments. Gold could continue to rise if inflation persists and geopolitical tensions escalate, but a stronger dollar or economic stabilization could trigger price corrections.

Gold Movement
-0.56%
Market Trend
down
Outlook
Neutral
Key Market Drivers
  • Economic worries and slowing US job growth increasing demand for gold as a safe haven
  • US dollar weakening and global geopolitical tensions
  • Record inflows into silver ETFs indicating strong precious metals interest
  • Rising gold prices boosting mining company earnings and stock performance
  • Potential risks from monetary policy changes and economic stability
Market Insights

Gold price in the UK is currently around £2,490 per ounce, down 0.56% over the past week

Gold prices have surged about 49% year-to-date in 2025, reflecting strong investor demand amid economic uncertainty

Silver prices have outperformed gold with a 53% rise in 2025, attracting triple the ETF inflows compared to gold

Market Outlook

The gold market in the UK is currently influenced by global economic uncertainty, with prices elevated due to safe-haven demand. While momentum remains strong, the outlook is sensitive to changes in monetary policy, inflation trends, and geopolitical developments. Gold could continue to rise if inflation persists and geopolitical tensions escalate, but a stronger dollar or economic stabilization could trigger price corrections.

Best Prices

Quarter Sovereign

£220.00

at BullionByPost

Gold Sovereign

£748.30

at BullionByPost

Double Sovereign

£1507.00

at BullionByPost

View All Prices