Live Gold Rate · GBP
Gold Rate Today in UK — Live Gold Price per Gram
London sits at the centre of the global gold market — the LBMA price benchmark that the whole world references is set here twice a day. For UK buyers, prices are quoted per gram and per troy ounce in Pounds Sterling (£), and hallmarking by an Assay Office is a legal requirement, so you will see the carat clearly stamped.
British jewellery spans a wide range of carats: 9k (375) is by far the most common for everyday pieces because it is durable and affordable, with 18k (750) for finer jewellery and 22k/24k mostly for investment bars and Sovereign coins. The table below converts the live LBMA-style spot price into Pounds at the current exchange rate.
Investment gold — bars and legal-tender coins like the Britannia and Sovereign — is exempt from VAT in the UK, while jewellery is not, so an ounce of investment metal and an ounce of jewellery can carry very different final prices.
Gold Price by Karat in UK (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 UK
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 apply nationally across UK, including London, Birmingham, Manchester and Leicester. Local jewellers may quote slightly different figures once making charges, hallmarking and taxes are added.
Gold rate by city in UK
Gold rate in other countries
Gold Price in UK — FAQ
What is the gold rate today in UK?
Today 24k gold is about £98.56 per gram and 22k gold about £90.44 per gram in UK, based on the live international spot price of $4,113.70 per troy ounce converted to GBP.
Is gold VAT-free in the UK?
Investment-grade gold (bars and coins of the right purity) is exempt from VAT. Gold jewellery and most collectables are not, so 20% VAT applies.
Why is 9k gold so common in Britain?
9k (375) is legally sellable as gold in the UK, is hard-wearing and much cheaper, which suits everyday jewellery. Finer pieces use 18k.
What is the LBMA gold price?
It is the twice-daily benchmark set in London that most of the world uses to price physical gold. UK retail prices are derived from it.
Why does the local GBP gold price differ from international spot?
International spot is quoted in US Dollars per troy ounce. To get the UK 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.