UK Gold Market Report - 18 October 2025
The gold market shows strong underlying demand amid global uncertainties, but short-term price direction remains uncertain due to high current levels and geopolitical risks. Currency fluctuations also impact UK prices. Investors tend to hold current positions awaiting clearer signals.
- Heightened economic uncertainties globally
- Renewed US–China tensions
- Strong investor demand in Q2 2025
- Currency fluctuations affecting GBP gold price
Gold price in the UK is currently around £2,490 per ounce with a slight weekly decline of 0.56%.
Gold reached an all-time high in October 2025 at approximately $4,379 per troy ounce (USD).
Recent gold price volatility is influenced by geopolitical tensions and economic uncertainty, driving safe-haven demand.
The gold market shows strong underlying demand amid global uncertainties, but short-term price direction remains uncertain due to high current levels and geopolitical risks. Currency fluctuations also impact UK prices. Investors tend to hold current positions awaiting clearer signals.