UK Gold Market Report - 10 November 2025
Given the current modest weekly decline and the influence of global economic and currency factors, the UK gold market appears stable with potential for moderate upward movement if economic uncertainties increase or GBP weakens further.
- Global economic indicators
- Central bank gold reserve activities
- Currency fluctuations affecting GBP valuation
- LBMA twice-daily auction price setting
- Geopolitical events impacting investor sentiment
The LBMA Gold Price is the authoritative benchmark for UK gold pricing, set twice daily via electronic auction by ICE Benchmark Administration.
Current gold price in the UK is approximately £2,490 per ounce with a slight weekly decline of 0.56%.
Gold spot prices fluctuate more frequently than the LBMA fix and are used for immediate transactions, while LBMA prices are used for large trades to mitigate volatility risk.
Given the current modest weekly decline and the influence of global economic and currency factors, the UK gold market appears stable with potential for moderate upward movement if economic uncertainties increase or GBP weakens further.
Quarter Sovereign
£225.10
at BullionByPost
Half Sovereign
£392.50
at BullionByPost
Gold Sovereign
£768.80
at BullionByPost