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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

Tomorrow's 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.

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.

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
  • Global gold price forecasts expect average prices around $4,041 per ounce in 2025 with potential growth to nearly $9,586 by 2030
  • Gold price movements in UK are influenced by both global dollar-denominated prices and GBP exchange rate variations
Best Dealer Prices Today

Half Sovereign: £390.90 at BullionByPost Gold Sovereign: £771.00 at BullionByPost Double Sovereign: £1560.00 at BullionByPost Gold Crown (£5): £3901.00 at BullionByPost Quintuple Sovereign: £3927.00 at BullionByPost

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
Best Prices Today

Half Sovereign

£390.90

at BullionByPost

Gold Sovereign

£771.00

at BullionByPost

Double Sovereign

£1560.00

at BullionByPost

View All Prices