UK Gold Market Report - 09 November 2025
The UK gold market is currently stable with slight downward pressure locally, while global gold prices show bullish momentum and potential for further gains driven by macroeconomic factors and technical signals. Currency fluctuations remain a key factor for UK investors.
- Geopolitical uncertainties
- Inflationary pressures
Current UK gold price is approximately £2,490 per ounce with a slight weekly decline of 0.56%.
Global gold price in USD is around $4,000 per ounce, showing recent bullish momentum and breaking above key technical resistance levels.
Technical indicators suggest a potential continuation of upward trend globally, with support near $3,950 and resistance around $4,050 per ounce.
The UK gold market is currently stable with slight downward pressure locally, while global gold prices show bullish momentum and potential for further gains driven by macroeconomic factors and technical signals. Currency fluctuations remain a key factor for UK investors.
Quarter Sovereign
£222.60
at BullionByPost
Half Sovereign
£387.40
at BullionByPost
Gold Sovereign
£758.70
at BullionByPost