UK Gold Market Report - 26 October 2025
Gold remains volatile, with recent pullbacks after a historic rally. The market is reassessing the rally’s sustainability, but underlying drivers (central bank demand, monetary policy expectations) remain supportive. Expect continued fluctuations, with potential for consolidation or further corrections in the short term[2][4].
- Recent sharp correction after a nine-week rally, with gold paring losses on Friday due to a weaker-than-expected US inflation report and expectations of further Federal Reserve easing[2].
- Gold remains up 57% year-to-date, driven by central bank purchases, dovish Fed signals, and strong ETF inflows[2].
- Profit-taking and significant outflows from gold-backed ETFs have intensified selling pressure[2].
Gold price in the UK is currently £2,490.14 per ounce, down 0.56% for the week[5].
The 2025 average gold price in the UK is £2,484.97 per ounce, with a yearly high of £3,261.46 (October 20, 2025) and a low of £2,096.71 (January 1, 2025)[6].
Gold is up 47.44% in GBP terms for 2025, reflecting both global gold strength and GBP currency movements[6].
Gold remains volatile, with recent pullbacks after a historic rally. The market is reassessing the rally’s sustainability, but underlying drivers (central bank demand, monetary policy expectations) remain supportive. Expect continued fluctuations, with potential for consolidation or further corrections in the short term[2][4].
Quarter Sovereign
£225.70
at BullionByPost
Half Sovereign
£393.70
at BullionByPost
Gold Sovereign
£771.10
at BullionByPost