UK Gold Market Report - 04 December 2025
Gold prices in the UK are currently slightly down week-on-week but remain supported by expectations of US Federal Reserve rate cuts and ongoing global economic uncertainties. Silver shows a stronger bullish trend due to structural supply deficits and industrial demand, which may also support gold indirectly. Currency fluctuations (GBP vs USD) remain a key factor for UK investors. Overall, the precious metals market is poised for cautious optimism with potential volatility linked to macroeconomic data and policy decisions.
- Anticipation of US Federal Reserve interest rate cut supporting gold and silver prices
- Currency fluctuations affecting GBP gold price
- Physical silver supply shortages and rising premiums
- Strong industrial demand for silver, especially from solar and EV sectors
- Speculative momentum in precious metals markets
Current UK gold price is £2,490.14 per ounce with a weekly decline of 0.56%
LBMA Gold Price is a key benchmark for large trades and institutional pricing in London
Silver prices have surged strongly in 2025, doubling to nearly $60/oz due to a four-year structural supply deficit
Gold prices in the UK are currently slightly down week-on-week but remain supported by expectations of US Federal Reserve rate cuts and ongoing global economic uncertainties. Silver shows a stronger bullish trend due to structural supply deficits and industrial demand, which may also support gold indirectly. Currency fluctuations (GBP vs USD) remain a key factor for UK investors. Overall, the precious metals market is poised for cautious optimism with potential volatility linked to macroeconomic data and policy decisions.
Half Sovereign
£395.90
at BullionByPost
Gold Sovereign
£780.90
at BullionByPost
Double Sovereign
£1580.00
at BullionByPost