Fine wine prices falter as gold glimmers

Fine wine prices dipped again in February 2025, with all major Liv-ex indices falling. Meanwhile, gold prices climbed past $2,100 per ounce, highlighting a shift in investor sentiment amidst global economic uncertainty.

The fine wine market saw continued pressure across all major indices, with the Fine Wine 100 slipping 0.8%, while the broader Fine Wine 1000 fell 1.1%, marking ongoing losses of 8.9% and 22.1% over one and two years respectively. Interestingly, volume per trade rose 12.1%, yet the value per trade dropped 9.5%, suggesting a tilt toward more affordable bottles. Regional Burgundy wines gained traction, now making up 48.2% of trades versus 39.4% last year.

In contrast, gold prices have surged in 2025, breaking above $2,100/oz, as investors seek safe havens in turbulent times.