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UK Gold Market Report - 07 November 2025

Friday, 07 November 20250
HOLD

Gold prices are expected to remain relatively stable to modestly bullish in the near term, supported by inflation concerns and safe-haven demand, but constrained by a stronger US dollar and monetary policy tightening. UK prices may also be influenced by GBP exchange rate movements.

Gold Movement
-0.56%
Market Trend
stable
Outlook
Neutral
Key Market Drivers
  • Safe-haven demand amid inflation concerns
  • Monetary policy expectations with reduced likelihood of rate cuts
  • Currency fluctuations affecting GBP gold price
  • US Supreme Court ruling on tariffs potentially impacting commodities
Market Insights

Current UK gold price is £2,490.14 per ounce with a weekly decline of 0.56%

Gold prices globally are rising in USD terms, with spot prices near $3,974 per ounce as of early November 2025

Inflation remains elevated at around 3.0%, supporting safe-haven demand for gold

Market Outlook

Gold prices are expected to remain relatively stable to modestly bullish in the near term, supported by inflation concerns and safe-haven demand, but constrained by a stronger US dollar and monetary policy tightening. UK prices may also be influenced by GBP exchange rate movements.

Best Prices

Quarter Sovereign

£222.70

at BullionByPost

Half Sovereign

£387.70

at BullionByPost

Gold Sovereign

£759.20

at BullionByPost

View All Prices