UK Gold Market Report - 24 February 2026
Tuesday, 24 February 20260
Continued upward momentum driven by trade uncertainties and safe-haven flows, with resistance at $5247-$5451
Gold Movement
+2.20%
Market Trend
up
Outlook
Bullish
Key Market Drivers
- Trump tariff threats and Supreme Court ruling on tariffs
- Geopolitical risks and global trade uncertainty
- Safe-haven demand amid stock market slips
- Fed minutes showing split on rate cuts
- Slower global growth and sticky inflation
Market Insights
Gold up 18% YTD, currently $5,118.5-$5,176/oz with recent 2% surge to 3-week high
Technical breakout above $5100 resistance targeting $5420
Market Outlook
Continued upward momentum driven by trade uncertainties and safe-haven flows, with resistance at $5247-$5451
Best Prices
Half Sovereign
£482.20
at BullionByPost
Gold Sovereign
£952.70
at BullionByPost
Double Sovereign
£1926.00
at BullionByPost
Quick Actions
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