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UK Gold Market Report - 15 November 2025

Saturday, 15 November 20250
HOLD

The near-term outlook for UK gold prices is cautious to slightly bearish due to hawkish US monetary policy signals and a stronger US dollar, which weigh on gold demand and prices. However, gold's role as a safe-haven asset and inflation hedge supports medium to long-term price resilience, especially if economic uncertainty or geopolitical risks increase.

Gold Movement
-0.56%
Market Trend
down
Outlook
Neutral
Key Market Drivers
  • Hawkish US Federal Reserve comments reducing expectations of rate cuts
  • Strengthening US dollar putting downward pressure on gold prices
  • Global market sell-off and risk-off sentiment
Market Insights

The current UK gold price is approximately £2,490 per ounce, showing a weekly decline of 0.56% (£-13.93) as of late July 2025.

The LBMA Gold Price is the authoritative benchmark for gold pricing in London, set twice daily and used for large wholesale transactions.

Recent market volatility includes a sharp 3% drop in gold prices amid hawkish Fed remarks diminishing the likelihood of December rate cuts, which typically support gold prices.

Market Outlook

The near-term outlook for UK gold prices is cautious to slightly bearish due to hawkish US monetary policy signals and a stronger US dollar, which weigh on gold demand and prices. However, gold's role as a safe-haven asset and inflation hedge supports medium to long-term price resilience, especially if economic uncertainty or geopolitical risks increase.

Best Prices

Half Sovereign

£390.20

at BullionByPost

Gold Sovereign

£769.70

at BullionByPost

Double Sovereign

£1558.00

at BullionByPost

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