UK Gold Market Report - 17 December 2025
Near-term bullish: continued investor and central bank demand and safe-haven flows should support higher prices, though momentum may pause on profit-taking or a sharper rise in global yields; structurally bullish into 2026 per major bank forecasts.
- strong ETF and investor inflows
- robust central bank purchases
- safe-haven demand amid macro uncertainty
- GBP/USD currency moves affecting UK price
LBMA daily AM gold fix at £4,276.25 per oz (London AM fix reported) [from London Fix dataset].
Gold is in a strong uptrend — ~6.3% month-on-month in major markets and >60% YTD in USD terms, signalling broad-based rally and highest levels in 2025 [Trading Economics].
Institutional research (J.P. Morgan) and market commentary attribute gains to record investor and central bank demand with elevated ETF/bar/coin inflows and forecasts for continued robust demand into 2026 [J.P. Morgan].
Near-term bullish: continued investor and central bank demand and safe-haven flows should support higher prices, though momentum may pause on profit-taking or a sharper rise in global yields; structurally bullish into 2026 per major bank forecasts.
Quarter Sovereign
£234.00
at BullionByPost
Half Sovereign
£405.40
at BullionByPost
Gold Sovereign
£799.90
at BullionByPost