Solomon Global: Is Rachel Reeves’ Budget About to Make Gold the UK’s Hottest Investment?
Chancellor Rachel Reeves’ 2025 Budget on November 26th is hotly anticipated, but not for good reasons.
Chancellor Rachel Reeves’ 2025 Budget on November 26th is hotly anticipated, but not for good reasons.
Gold has smashed through another psychological barrier, leaping past $3,600 an ounce after a weak U.S. jobs report intensified expectations of a Federal Reserve rate cut next week.
The gold spot price has increased an astounding 43% in a year. On September 2nd, 2025, the precious metal surged past its previous record of $3,500.
The gold spot price remains on an upward trajectory this year. Currently trading well above $3300, Citi is the latest major financial institution to raise its price forecast.
During times of economic uncertainty and geopolitical instability, gold historically performs well. It is viewed as a reliable store of value and offers hedging opportunities. Gold plays a key role in diversification due to its low correlation with other asset classes, which strengthens portfolios, especially during periods of market volatility.
Held annually, the Small Cap Awards celebrate outstanding achievements in the UK’s sub-£350m market cap quoted company sector. This prestigious event brings together industry leaders, fostering trust, innovation, and excellence among smaller quoted companies.
The gold market has had a remarkable run, with 2024 seeing repeated all-time highs and 2025 already following suit.
The meteoric rise of gold shows no sign of slowing in 2025, with the precious metal surpassing the landmark $3,000 per troy ounce level for the first time.
Every year, the industry hands out awards to the managers and trusts that it thinks are doing the best job for investors – why not ask investors what they think?
Following Shadow Chancellor Rachel Reeves’ announcement, speculation over the upcoming budget has reached a fever pitch. Investors, businesses, and analysts are now faced with the real possibility of further tax hikes, with capital gains tax (CGT) positioned as a likely target for increased rates. With a Labour-led government seeking ways to plug the fiscal deficit,…