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UK Gold Market Report - 16 November 2025

Sunday, 16 November 20250
HOLD

The UK gold market is expected to remain stable to mildly bullish in the near term, supported by steady global demand and forecasted USD gold price strength. Currency fluctuations will continue to impact GBP gold price movements.

Gold Movement
-0.56%
Market Trend
stable
Outlook
Neutral
Key Market Drivers
  • Global gold price fluctuations in USD
  • Currency exchange rate effects on GBP gold price
  • Market participant trading behavior in London OTC market
  • Forecasts predicting gold price near USD 4000 per ounce into early 2026
Market Insights

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

LBMA Gold Price is an authoritative benchmark set twice daily in London, used mainly for large trades

Spot price fluctuates more frequently and is used for immediate transactions

Market Outlook

The UK gold market is expected to remain stable to mildly bullish in the near term, supported by steady global demand and forecasted USD gold price strength. Currency fluctuations will continue to impact GBP gold price movements.

Best Prices

Half Sovereign

£390.20

at BullionByPost

Gold Sovereign

£769.70

at BullionByPost

Double Sovereign

£1558.00

at BullionByPost

View All Prices