UK Gold Market Report - 15 October 2025
The UK gold market remains closely tied to global trends, with recent records in GBP terms reflecting both a strong global rally and sterling weakness. Continued geopolitical uncertainty, central bank demand, and potential Fed rate cuts could support further upside, but currency risk remains a key factor for UK-based investors.
- global gold price volatility
- currency fluctuations (GBP/USD)
UK retail gold price (BullionByPost) is £2,490.14 per ounce as of October 2025, down 0.56% over the past week, with a weekly high of £2,543.72 and low of £2,474.37.
Gold prices in the UK are primarily driven by the global spot price (typically quoted in USD), but local prices also reflect GBP/USD exchange rate movements. A weaker pound can increase the GBP-denominated gold price even if the global price is stable.
Historical highs in GBP include £2,610.22/oz (April 2025), showing significant appreciation over the past year, likely reflecting both global gold strength and sterling volatility.
The UK gold market remains closely tied to global trends, with recent records in GBP terms reflecting both a strong global rally and sterling weakness. Continued geopolitical uncertainty, central bank demand, and potential Fed rate cuts could support further upside, but currency risk remains a key factor for UK-based investors.
Quarter Sovereign
£227.50
at BullionByPost
Gold Sovereign
£778.00
at BullionByPost
Double Sovereign
£1566.00
at BullionByPost