UK Gold Market Report - 13 December 2025
Saturday, 13 December 20250
Bullish long-term due to economic uncertainty, potential BoE cuts, and global gold rally despite short-term GBP weekly dip
Gold Movement
-0.56%
Market Trend
up
Outlook
Bullish
Key Market Drivers
- UK economy contraction boosting rate cut expectations
- Rising gold prices in USD to over $4300/oz
- Precious metal miners FTSE 350 index up 4.6% to record high
- Fed rate cuts and dovish Powell supporting precious metals
- Increased UK exports/imports of precious metals
Market Insights
Gold spot in GBP at £2,490.14/oz with weekly decline but strong yearly gains amid USD rally
USD gold hit $4,300+ on Dec 12, up 0.47% daily and 3.10% monthly
UK GDP shrank 0.1% in Oct, increasing BoE rate cut probability to 90%
Market Outlook
Bullish long-term due to economic uncertainty, potential BoE cuts, and global gold rally despite short-term GBP weekly dip
Best Prices
Quarter Sovereign
£233.70
at BullionByPost
Half Sovereign
£404.90
at BullionByPost
Gold Sovereign
£798.90
at BullionByPost
Quick Actions
Other Reports