UK Gold Market Report - 15 February 2026

Sunday, 15 February 20260

BUY

Bullish long-term with forecasts to $9,637 by end-2026 despite short-term volatility from recent bubble correction

Gold Movement

-0.56%

Market Trend

Outlook

Bullish

Key Market Drivers

Strong gold price performance with 62.9% return in 2025[2]
UK colloidal precious metals market growth forecast to 880 tons and $1.8B by 2035[1]
UK precious metals production revenue CAGR 32.1% through 2025-26[2]
Recent bubble-like peak at ~$5,630/oz in Jan 2026 followed by correction[4]
Easing UK CPI inflation to 2.1% in 2026 Q2 supporting rate cuts[3]

Market Insights

Gold hit record highs near $5,000/oz in early 2026 amid speculation before recent pullback[3][4]

UK industry revenue projected to reach £460.6M in 2025-26, up 13.2%[2]

BullionByPost spot price £2,490.14/oz with weekly -0.56% change[5]

Market Outlook

Bullish long-term with forecasts to $9,637 by end-2026 despite short-term volatility from recent bubble correction

Best Prices

Half Sovereign

£464.40

at BullionByPost

Gold Sovereign

£917.30