UK Gold Market Report - 25 February 2026

• 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

Bullish with high volatility; UK prices may rise with global USD strength and easing BoE policy despite recent weekly dip

Bullish with high volatility; UK prices may rise with global USD strength and easing BoE policy despite recent weekly dip

• 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]
• Forecasts divergent: ANZ targets $5800, volatility expected from banks like HSBC[1]
• Precious metals outperforming other commodities in 2026 per Oxford Economics[6]

Half Sovereign: £482.50 at BullionByPost Gold Sovereign: £953.10 at BullionByPost Double Sovereign: £1926.00 at BullionByPost Gold Crown (£5): £4812.00 at BullionByPost Quintuple Sovereign: £4838.00 at BullionByPost

• 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