Live Gold Rate · GBP · UK
Gold Rate Today in London — Live Gold Price per Gram
London is the centre of the global gold market: the LBMA benchmark price that the world references is set here twice a day, and the historic Hatton Garden district is Britain's jewellery quarter. UK prices are quoted per gram and per troy ounce in Pounds Sterling (£), and hallmarking by an Assay Office is a legal requirement, so the carat is always clearly stamped.
British jewellery spans a wide range: 9k (375) is the most common for everyday pieces because it is durable and affordable, with 18k (750) for finer work and 22k/24k mainly for investment bars and Sovereign coins. The table below converts the live LBMA-style spot price into Pounds at the current rate, per gram and per karat.
Investment gold — bars and legal-tender coins like the Britannia and Sovereign — is VAT-free in the UK, while jewellery carries 20% VAT, so an ounce of bullion and an ounce of jewellery can cost very differently at the till in Hatton Garden.
Gold Price by Karat in London (GBP)
Live metal value per gram, before making charges & tax.
| Karat | Purity | Per Gram | Per 10 g |
|---|---|---|---|
| 24K | 99.9% | £98.56 | £985.58 |
| 22K | 91.7% | £90.44 | £904.39 |
| 18K | 75.0% | £73.99 | £739.93 |
Gold Price by Weight Unit in London
How much each common weight of gold costs at today's rate.
| Unit | Grams | 24k | 22k | 18k |
|---|---|---|---|---|
| 1 Gram | 1 | £98.56 | £90.44 | £73.99 |
| 8 Grams | 8 | £788.47 | £723.51 | £591.94 |
| 1 Troy Ounce | 31.103 | £3,065.50 | £2,812.96 | £2,301.43 |
| 1 Kilogram | 1,000 | £98,558.14 | £90,438.68 | £73,992.59 |
These rates reflect the UK market for London, converted from live international spot to GBP. Local jewellers in London may quote slightly different figures once making charges, hallmarking and taxes are added.
Gold rate in other countries
Gold Price in London — FAQ
What is the gold rate today in London?
Today 24k gold is about £98.56 per gram and 22k gold about £90.44 per gram in London, based on the live international spot price of $4,113.70 per troy ounce converted to GBP.
What is the gold price today in London per gram?
See the per-gram rows above in Pounds Sterling. London prices derive directly from the twice-daily LBMA benchmark set in the city.
Where is gold sold in London?
Hatton Garden is London's historic jewellery and gold district, home to dealers, goldsmiths and bullion sellers, while the LBMA sets the wholesale benchmark price.
Why does the local GBP gold price differ from international spot?
International spot is quoted in US Dollars per troy ounce. To get the London rate we convert it to GBP at the live exchange rate and break it down per gram and per karat. Local retail prices then add import duties, taxes and jeweller making charges on top of this metal value.
Gold rates are derived from the live international spot price converted to GBP and are indicative metal values for information only — not a jeweller quote or financial advice. Retail prices add duties, taxes and making charges.