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UK Gold Market Report - 21 November 2025

Friday, 21 November 20250
HOLD

Gold is expected to remain a key safe-haven asset amid ongoing economic uncertainties, inflation pressures, and geopolitical risks. While short-term price volatility and consolidation are likely, structural demand from central banks and investors suggests a stable to mildly bullish outlook for UK gold prices in the near term.

Gold Movement
-0.56%
Market Trend
stable
Outlook
Neutral
Key Market Drivers
  • Persistent inflation concerns
  • Weakening labor market signals
  • Central banks increasing gold reserves
  • Geopolitical tensions and economic uncertainty
  • Reduced rate cut expectations by Fed officials
Market Insights

Gold price in the UK is currently £2,490.14 per ounce with a slight weekly decline of 0.56%.

Gold reached an all-time high of $4,381.58 per ounce in October 2025, equivalent to a peak UK price above £2,600 per ounce.

Despite recent US employment data delays and mixed economic signals, gold remains above $4,000, indicating strong underlying demand.

Market Outlook

Gold is expected to remain a key safe-haven asset amid ongoing economic uncertainties, inflation pressures, and geopolitical risks. While short-term price volatility and consolidation are likely, structural demand from central banks and investors suggests a stable to mildly bullish outlook for UK gold prices in the near term.

Best Prices

Half Sovereign

£389.90

at BullionByPost

Gold Sovereign

£769.10

at BullionByPost

Double Sovereign

£1557.00

at BullionByPost

View All Prices