December Sales Surge as Gold & Silver Hit Record Prices
UK retail sales rose 0.4% in December thanks to a gold and silver boom
UK retail sales jumped 0.4% in December 2025, beating a Reuters‑poll forecast of a 0.1% decline, according to the Office for National Statistics. Online sales grew 4.4%, the largest month‑on‑month lift since February 2024, driven by a surge in gold and silver purchases as prices hit record highs during the holiday period. Over the 12‑month period to December, sales increased 2.5% versus the 1.1% expected, while the golden quarter (Oct‑Dec) contracted 0.3% against the prior quarter. Total UK sales volumes for 2025 remain below pre‑COVID highs, still lagging after a 2023 drop amid double‑digit inflation.
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