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UK Gold Market Report - 23 November 2025

Sunday, 23 November 20250
HOLD

The UK gold market is expected to remain stable with moderate upward pressure as inflation eases and consumer confidence improves. Global forecasts suggest continued volatility but overall growth in gold prices through 2025 and beyond, supporting a cautiously optimistic outlook for investors.

Gold Movement
-0.56%
Market Trend
stable
Outlook
Neutral
Key Market Drivers
  • Inflationary pressures and cost-of-living crisis affecting consumer spending in UK jewellery sector
  • Currency fluctuations impacting GBP gold price movements
  • Global economic uncertainty supporting gold demand as safe haven
  • Forecasts predict moderate price increase and volatility through 2025-2030
Market Insights

Current UK gold price is approximately £2,490.14 per ounce with a weekly decline of 0.56%

Gold price in GBP has shown stability with minor fluctuations recently, reflecting a stable market trend

Jewellery manufacturing industry in UK is recovering modestly post-pandemic, influenced by easing inflation and improving consumer confidence

Market Outlook

The UK gold market is expected to remain stable with moderate upward pressure as inflation eases and consumer confidence improves. Global forecasts suggest continued volatility but overall growth in gold prices through 2025 and beyond, supporting a cautiously optimistic outlook for investors.

Best Prices

Half Sovereign

£390.90

at BullionByPost

Gold Sovereign

£771.00

at BullionByPost

Double Sovereign

£1560.00

at BullionByPost

View All Prices