Microsoft Increasing Price of Xbox Live Gold Subscription

Major Nelson has announced that the cost of an Xbox Live Gold membership will increase starting on November 1 in the United States, Canada, Mexico and the United Kingdom.

A one-month Gold subscription in the US will go from $7.99 to $9.99; three months from $19.99 to $24.99; and a full year from $49.99 to $59.99.

A one-month subscription in the UK will be bumped up to 5.99 pounds from 4.99 .

Newegg has 1 year subscription cards discounted to $39.99, so stock up.