UK Gold Market Report - 05 November 2025
The gold market in the UK is currently stable with minor short-term corrections expected after recent rapid price increases. Long-term fundamentals remain bullish due to ongoing inflation concerns, supply constraints, and strong institutional demand. Analysts forecast continued appreciation potentially reaching near $5,000 per ounce USD by late 2026, which would translate into higher GBP prices barring adverse currency movements.
- Global economic uncertainties
- Inflation data from US showing high consumer prices
- Supply-demand imbalance with investment demand exceeding production
- Physical market tightness and inventory constraints at LBMA
- Currency fluctuations affecting GBP gold price
Gold price in the UK is currently £2,490.14 per ounce with a slight weekly decline of 0.56%
LBMA Gold Price remains the key benchmark for pricing and large trades in London
Physical gold market shows signs of tightness with inventory issues reported at LBMA
The gold market in the UK is currently stable with minor short-term corrections expected after recent rapid price increases. Long-term fundamentals remain bullish due to ongoing inflation concerns, supply constraints, and strong institutional demand. Analysts forecast continued appreciation potentially reaching near $5,000 per ounce USD by late 2026, which would translate into higher GBP prices barring adverse currency movements.
Quarter Sovereign
£222.40
at BullionByPost
Half Sovereign
£387.10
at BullionByPost
Gold Sovereign
£757.90
at BullionByPost