UK Gold Market Report - 14 October 2025
Bullish. Continued geopolitical tensions, monetary policy uncertainty, and central bank demand are expected to support gold prices. Analysts see potential for further gains, with some forecasts reaching $5,000/oz in 2026[5].
- geopolitical uncertainty
- US-China trade tensions
- expectations of US rate cuts
- central bank purchases
Gold prices have surged globally, with spot gold recently breaking above $4,100 per ounce, a new all-time high, driven by safe-haven demand amid geopolitical and economic uncertainty[5].
UK gold prices are influenced by both global USD-denominated gold prices and GBP/USD exchange rate movements. Recent GBP weakness may have amplified the rise in GBP gold prices[6].
Central bank purchases and strong ETF inflows are providing structural support to the gold market, with analysts projecting further upside—potentially above $5,000/oz by 2026[5].
Bullish. Continued geopolitical tensions, monetary policy uncertainty, and central bank demand are expected to support gold prices. Analysts see potential for further gains, with some forecasts reaching $5,000/oz in 2026[5].
Quarter Sovereign
£225.40
at BullionByPost
Gold Sovereign
£769.80
at BullionByPost
Double Sovereign
£1550.00
at BullionByPost