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UK Gold Market Report - 11 November 2025

Tuesday, 11 November 20250
HOLD

The UK gold market shows a slight downward trend in the short term, influenced by currency fluctuations and global market conditions. However, gold remains a stable asset with strong institutional support via LBMA mechanisms. Arbitrage opportunities and vault inflows suggest active market adjustments that could stabilize or reverse the trend.

Gold Movement
-0.56%
Market Trend
down
Outlook
Neutral
Key Market Drivers
  • Currency fluctuations affecting GBP gold price
  • Global economic conditions influencing demand
  • Large-scale institutional trading via LBMA auctions
  • Recent arbitrage activity in precious metals markets
  • Supply and demand dynamics in London bullion vaults
Market Insights

Current UK gold price is £2,490.14 per ounce with a weekly decline of 0.56% (-£13.93)

LBMA Gold Price is a key benchmark administered by ICE Benchmark Administration and used for large trades

Gold prices fluctuate less in LBMA auctions compared to spot market, providing stability for large transactions

Market Outlook

The UK gold market shows a slight downward trend in the short term, influenced by currency fluctuations and global market conditions. However, gold remains a stable asset with strong institutional support via LBMA mechanisms. Arbitrage opportunities and vault inflows suggest active market adjustments that could stabilize or reverse the trend.

Best Prices

Quarter Sovereign

£229.30

at BullionByPost

Half Sovereign

£400.80

at BullionByPost

Gold Sovereign

£785.20

at BullionByPost

View All Prices