UK Gold Market Report - 25 February 2026
Wednesday, 25 February 20260
Bullish with high volatility; UK prices may rise with global USD strength and easing BoE policy despite recent weekly dip
Gold Movement
-0.56%
Market Trend
up
Outlook
Bullish
Key Market Drivers
- UK CPI inflation at 3.4% easing towards 2% target
- Bank of England Bank Rate steady at 3.75% with likely further cuts
- Global gold surge to ~$5227-$5249 driven by safe-haven demand and tariffs
- Budget 2025 energy price measures reducing inflation
- Geopolitical tensions and Chinese market return boosting volatility
Market Insights
UK gold price shows weekly decline of 0.56% to £2490.14 but global USD prices hitting highs near $5250 amid haven demand[2][5]
Bank of England expects inflation to 2.1% in Q2 2026, supporting potential rate cuts favorable for gold[3]
LBMA benchmarks reference global unallocated gold pricing in London[4]
Market Outlook
Bullish with high volatility; UK prices may rise with global USD strength and easing BoE policy despite recent weekly dip
Best Prices
Half Sovereign
£482.50
at BullionByPost
Gold Sovereign
£953.10
at BullionByPost
Double Sovereign
£1926.00
at BullionByPost
Quick Actions