UK Gold Market Report - 04 November 2025
Gold prices are expected to remain elevated supported by geopolitical risks, constrained physical supply, and sustained demand from central banks and institutional investors, although short-term corrections may occur due to policy changes or currency fluctuations.
- Geopolitical tensions increasing safe-haven demand
- Central bank gold buying supporting prices
- Physical supply constraints due to mining challenges
- Asian market demand dynamics, especially China
- ETF inflows increasing institutional demand
LBMA Gold Price is a key benchmark administered by ICE Benchmark Administration with twice daily auctions in London
Gold spot price fluctuates more frequently and is used for retail transactions
Gold price in the UK is influenced by both global dollar price movements and GBP exchange rate changes
Gold prices are expected to remain elevated supported by geopolitical risks, constrained physical supply, and sustained demand from central banks and institutional investors, although short-term corrections may occur due to policy changes or currency fluctuations.
Quarter Sovereign
£222.40
at BullionByPost
Half Sovereign
£387.10
at BullionByPost
Gold Sovereign
£758.10
at BullionByPost