UK Gold Market Report - 16 February 2026

• Gold prices stabilized above $5000/oz after February volatility[2]
• UK CPI inflation at 3.4%, expected to fall to 2.1% in Q2 2026[3]
• Bank of England likely to reduce Bank Rate further[3]
• Profit-taking after gold peak at $5595/oz[2]
• Lower energy prices from Budget 2025 impacting inflation[3]

Stable with bullish medium-term potential amid easing UK inflation and expected BoE rate cuts, though short-term consolidation likely.