Microsoft has announced an increase in Xbox Live Gold subscription prices due to currency fluctuation, effective on June 20.
Game Informer was made aware of the increase when a reader wrote in and shared a message from Microsoft notifying the reader of the change. The magazine reached out to Microsoft and received a lengthy explanation.
"We occasionally update pricing in a given market to provide a balance of service and value, and in some instances, meet currency fluctuations within the region, and will be adjusting the price of Xbox Live Gold subscription in a small number of markets on June 20, 2016," per Microsoft's response. "We do so always keeping in mind that our goal is to offer our members the premium gaming and entertainment service at a fair price."
The price hike will affect Austria, Hungary, Israel, South Africa, Sweden, and Turkey.
An Xbox Live Gold subscription costs $9.99 per month in the US. Game Informer worked out rough pricing changes in the various territories based on info their reader gave them, and most prices fall around the US cost.
Hungary: 2,000 Ft (Approximately $7.19 per month)
Israel: 37.99 ILS (Approximately $10.05 per month)