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UK Gold Market Report - 19 November 2025

Wednesday, 19 November 20250
HOLD

The gold market is currently experiencing short-term downward pressure but remains supported by strong central bank demand and safe-haven buying amid economic uncertainty. The delayed US economic data and cautious Fed outlook may sustain gold's appeal. However, potential resolution of geopolitical tensions or a stronger US dollar could moderate gains.

Gold Movement
-0.56%
Market Trend
down
Outlook
Neutral
Key Market Drivers
  • Risk-off sentiment amid delayed US economic data complicating Fed decisions
  • High central bank gold purchases supporting price
  • US government shutdown increasing gold futures long positions
  • Inverse correlation with US Dollar and risk assets
  • Concerns over AI investment bubble and stock market volatility
Market Insights

Gold price in the UK is currently around £2,490 per ounce with a weekly decline of 0.56%.

Gold price in USD is approximately $4,075 per ounce as of November 19, 2025, showing a recent rebound after a dip below $4,000.

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

Market Outlook

The gold market is currently experiencing short-term downward pressure but remains supported by strong central bank demand and safe-haven buying amid economic uncertainty. The delayed US economic data and cautious Fed outlook may sustain gold's appeal. However, potential resolution of geopolitical tensions or a stronger US dollar could moderate gains.

Best Prices

Half Sovereign

£390.20

at BullionByPost

Gold Sovereign

£769.60

at BullionByPost

Double Sovereign

£1557.00

at BullionByPost

View All Prices