UK Gold Market Report - 18 February 2026
Wednesday, 18 February 20260
Bullish medium-term with short-term consolidation; supported by policy easing and risks
Gold Movement
-0.56%
Market Trend
up
Outlook
Bullish
Key Market Drivers
- Falling inflation expectations reducing debasement trade urgency[1]
- Bank of England rate cuts supporting gold appeal[3]
- Geopolitical risks sustaining safe-haven demand[3][6]
- UK fiscal tightening and labour market softening[5]
- Strong ETF inflows and central bank buying[4]
Market Insights
Gold consolidating after rally, with structural tailwinds intact despite short-term dips[1][3]
UK CPI at 3.4%, expected to fall to 2.1% Q2 2026 due to energy measures[3]
Market Outlook
Bullish medium-term with short-term consolidation; supported by policy easing and risks
Best Prices
Half Sovereign
£456.70
at BullionByPost
Gold Sovereign
£901.90
at BullionByPost
Double Sovereign
£1823.00
at BullionByPost
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