The live gold price in UK is shown in GBP and tracks the international Gold spot market, which is quoted in US dollars per troy ounce. We convert that spot rate into GBP at the live mid-market exchange rate, so the gold rate you see updates throughout the trading day — currently about £98.69 per gram for pure metal.
Because most gold sold in UK is alloyed, we break the price down by the purities used locally — 24K, 22K, 18K, 14K, 9K. The spot price is for pure (.999) metal; every other grade is worth proportionally less, so a piece is valued as the troy ounce price multiplied by its purity. Use the purity selector and quantity calculator above to value the exact karat and weight you hold.
The gold price in UK is quoted in GBP and tracks the international Gold spot market, which trades in US dollars. As of the latest update the gold spot price is about £3,070 per troy ounce in GBP. Use the live rate above for the current price per gram, per 10 grams, and per troy ounce.
We take the international Gold spot price (USD per troy ounce) and convert it to GBP using the live USD exchange rate. The pure-metal (.999) price is then adjusted for purity — common purities include 24K, 22K, 18K, 14K — so you can see the rate for the exact karat or fineness you hold.
Purity is the share of pure Gold in an item. The spot price is for pure metal; lower purities are worth proportionally less. For Gold in UK, common purities include 24K, 22K, 18K, 14K. Multiply the pure rate by the purity fraction to get the value of an alloyed item.
Gold prices move with global supply and demand, central-bank activity, and geopolitical events, and the UK price also shifts with the GBP exchange rate. International Gold trades nearly 24 hours on weekdays, so the local rate updates throughout the day.
The price shown is the indicative international spot rate converted to GBP, for reference only. Jewellers, banks, and bullion dealers in UK add a premium or making charge when you buy and apply a spread when you sell, so actual transaction prices will differ.
Disclaimer: Gold prices on this page are indicative spot rates (XAU/USD via Yahoo Finance, converted at mid-market FX) provided for reference only. They are not buy or sell quotes — jewellers, banks, and bullion dealers in UK add a premium, making charge, or spread, so actual transaction prices will differ.