Gold Price Today in the United Kingdom
£2,988.40
−0.71% todayvs. the previous close
Gold price today in the United Kingdom: £2,988.40 per troy ounce, £96.08 per gram and £96,079.36 per kilogram. Gold is down 0.71% since the previous close. Prices are the international spot price converted at the latest daily exchange rate and update about every minute.
Gold price history in GBP
Price per troy ounce in GBP. −3.07% over 1Y.
Change over time, in GBP and in US dollars
| Period | Price then (GBP) | Change in GBP | Change in USD |
|---|---|---|---|
| 30 days | £3,214.49 | −7.03% | −6.20% |
| 6 months | £3,489.11 | −14.35% | −15.12% |
| 1 year | £3,083.04 | −3.07% | −2.62% |
| 5 years | £1,291.61 | +131.37% | +124.80% |
| 10 years | £1,031.90 | +189.60% | +214.95% |
| 20 years | £309.39 | +865.89% | +588.23% |
Each change is from the price on that date to the live price. A dash means the stored exchange-rate history does not reach back that far; the gap between the two columns is the effect of the GBP exchange rate. Record high in GBP: £3,983.89 per ounce, Mar 2, 2026.
Gold price by karat in GBP
Jewellery-grade gold priced by karat fineness, per gram, troy ounce, kilogram, tola and pennyweight, in GBP.
| Karat | Fineness | Troy ounce | Gram | Kilogram | Tola | Pennyweight (dwt) |
|---|---|---|---|---|---|---|
| 24K | 100.0% | £2,988.40 | £96.08 | £96,079 | £1,120.65 | £149.42 |
| 22K | 91.7% | £2,739.47 | £88.08 | £88,076 | £1,027.30 | £136.97 |
| 21K | 87.5% | £2,614.85 | £84.07 | £84,069 | £980.57 | £130.74 |
| 18K | 75.0% | £2,241.30 | £72.06 | £72,060 | £840.49 | £112.07 |
| 14K | 58.3% | £1,743.13 | £56.04 | £56,043 | £653.68 | £87.16 |
| 10K | 41.7% | £1,245.27 | £40.04 | £40,036 | £466.98 | £62.26 |
Spot price, not a shop price
UK dealers add a premium over spot, and jewellery carries VAT, while investment gold does not. Use the spot price here as the benchmark and ask any dealer what premium they add over it.
Gold in the United Kingdom: what to know
London sets the benchmark
The LBMA Gold Price, set twice a day in London, is one of the main reference prices for the physical gold market, and London is the centre of the over-the-counter trade.
Sovereigns and Britannias
The gold Sovereign holds about 7.32 grams of fine gold, around a quarter of a troy ounce. The Britannia is a one ounce coin from the Royal Mint.
VAT and capital gains
Investment gold, which includes bars and coins that meet the HMRC definition, is exempt from VAT. British legal tender gold coins such as the Sovereign and Britannia are also exempt from Capital Gains Tax. Check HMRC guidance for your situation.
General information, not tax or investment advice. Rules and rates change, so check current rules before you buy or sell.
Tools
Convert any weight or karat with the gold unit converter, work out what a past purchase would be worth in GBP with the gold investment calculator, or value old jewellery with the gold scrap value calculator. The full table by karat is on the live gold price page.
Frequently asked questions
+How is the gold price in the United Kingdom worked out?
It is the international spot price of gold in US dollars, converted into GBP at the latest daily exchange rate, and then divided into grams, kilograms or other units using the troy ounce of 31.1035 grams. The figure at the top of the page updates about every minute while the market is open.
+Is this the price I will pay in a shop in the United Kingdom?
No. It is the spot price, the wholesale benchmark. A jeweller or coin dealer adds a premium over spot for fabrication, dealing costs and profit, and tax may apply on top. Always compare a dealer's quote with the spot price shown here to see what premium you are being charged.
+Why does the gold price in GBP move when the dollar price does not?
Gold is priced worldwide in US dollars, so the GBP price is the dollar price times the exchange rate. If the GBP strengthens against the dollar the local price falls even with gold unchanged, and if it weakens the local price rises. The history table on this page shows the local return next to the dollar return so the currency effect is visible.
Gold price in other countries
Live prices in each local currency, with history and local market notes.
