The price of a one-month Gold membership is increasing by $1, and the price of a three-month membership is increasing by $5 "or the equivalent amount in your local market". Microsoft has yet to publish the changes in pounds. We've asked for clarification.
This means the new pricing will be one month for $10.99, three months for $29.99, and six months for $59.99. That means a year of Xbox Live Gold in the US is now $120.
Messages warning of the price hike are being sent out to subscribers now, and Microsoft promised it won't adjust the pricing until at least 45 days after you receive these messages.
If you're an existing 12-month or six-month Xbox Live Gold member, there is no change, and if you renew your membership, it will renew at the current price.
"Periodically, we assess the value and pricing of our services to reflect changes in regional marketplaces and to continue to invest in the Xbox community," Microsoft said.
"We'll be making price adjustments for Xbox Live Gold in select markets. In many markets, the price of Xbox Live Gold has not changed for years and in some markets, it hasn't changed for over 10 years."
Source - https://www.eurogamer.net/articles/2021-01-22-microsoft-announces-xbox-live-gold-price-hike
This means the new pricing will be one month for $10.99, three months for $29.99, and six months for $59.99. That means a year of Xbox Live Gold in the US is now $120.
Messages warning of the price hike are being sent out to subscribers now, and Microsoft promised it won't adjust the pricing until at least 45 days after you receive these messages.
If you're an existing 12-month or six-month Xbox Live Gold member, there is no change, and if you renew your membership, it will renew at the current price.
"Periodically, we assess the value and pricing of our services to reflect changes in regional marketplaces and to continue to invest in the Xbox community," Microsoft said.
"We'll be making price adjustments for Xbox Live Gold in select markets. In many markets, the price of Xbox Live Gold has not changed for years and in some markets, it hasn't changed for over 10 years."
Source - https://www.eurogamer.net/articles/2021-01-22-microsoft-announces-xbox-live-gold-price-hike