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UK Gold Market Report - 05 February 2026

Thursday, 05 February 20260
BUY

Bullish with targets up to $5900 USD by year-end, supported by institutional demand despite Fed risks

Gold Movement
+3.57%
Market Trend
up
Outlook
Bullish
Key Market Drivers
  • Recent rebound after historic sell-off
  • Strong ETF inflows ($4.4B)
  • Geopolitical tensions and inflation
  • USD weakness potential
Market Insights

Gold at record highs with USD ~$4930/oz equivalent to ~£3608/oz[8]

Market Outlook

Bullish with targets up to $5900 USD by year-end, supported by institutional demand despite Fed risks

Best Prices

Half Sovereign

£450.40

at BullionByPost

Gold Sovereign

£889.30

at BullionByPost

Double Sovereign

£1798.00

at BullionByPost

View All Prices