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Gold rates · GBP

Gold Price Today in the UK

Gold price per gram in pounds sterling for 24K, 22K, 21K and 18K, plus per tola, per 10 grams and per ounce. Worked out from the indicative international spot price (delayed 15 minutes) and a daily exchange rate.

  • By XAU Setups Research Desk
  • Updated
  • GBP
24K gold · per gramIndicative · delayed 15 minUpdated

£96.07

24K per tola£1,121
22K per gram£88.06

International spot converted to GBP. Not a jeweller's rate.

Today's gold rate in the UK

Indicative · delayed 15 minUpdated

Gold rate today in UK, GBP
KaratPer gramPer tolaPer 10 gPer troy ounce
24K 100.0%£96.07£1,121£961£2,988
22K 91.7%£88.06£1,027£881£2,739
21K 87.5%£84.06£980£841£2,615
18K 75.0%£72.05£840£721£2,241
XAU/USD spot
$3,972.50
Gold price updated
Exchange rate updated

Gold: XAU/USD from our TradingView price feed. Exchange rate: Rates By Exchange Rate API, updated once a day. Prices are per unit of pure gold content; 24K is valued as 100% gold.

Gold price in the UK: last 30 trading days

24K per gram in GBP, daily close (5 pm New York)

24K gold per gram in GBP, last 30 trading daysDaily 24K close per gram in GBP; the chart loads the latest 30 days.45347549751922 Sep6 Oct20 Oct2 Nov
30-day change —High —Low —

Exchange-rate history for the pound on this site starts on 2026-11-12; earlier days in the chart use that first stored rate. Gold closes: OANDA XAU/USD daily candles and our own price feed.

How the gold rate in the UK is calculated

Step by step: Why your local gold rate differs from the XAUUSD price (ounce to gram, tola and karat, and the six reasons the shop rate is different).

Gold trades worldwide in US dollars per troy ounce. To get a local price we convert that one number, step by step, using today's values:

Price per gram = spot (USD/oz) × USD→GBP ÷ 31.1035 × purity

  1. Spot gold is $3,972.50 per troy ounce.
  2. Convert to pounds sterling at today's reference exchange rate: £2,988 per ounce.
  3. Divide by 31.1035 grams in a troy ounce: £96.07 per gram of pure (24K) gold.
  4. Multiply by purity: 22K is 22 ÷ 24 = 0.9167, so 22K is £88.06 per gram.
  5. For a tola, multiply the gram price by 11.6638: 24K is £1,121 per tola.

The same steps give every cell in the table. Because 24K is valued here as 100% gold, real 24K bars (999.9) and 22K jewellery can be a fraction lower in pure gold content than this calculation assumes.

Why the pound changes the gold price

The pound is a floating currency. The sterling price of gold moves with two things: the international gold price in dollars and the GBP/USD exchange rate. A weaker pound makes gold dearer in pounds even when the dollar price is flat.

That is why the UK price can rise on a day the international price falls, or the other way round. The exchange-rate line in the table shows which rate was used today.

Hallmarks, VAT and buying gold in the UK

UK jewellery is hallmarked; common standards are 9K, 14K, 18K and 22K. Jewellers in places such as Hatton Garden price from the gram value plus design and a dealer margin.

Investment gold (bars and many coins of high purity) is generally exempt from VAT in the UK, while jewellery carries 20% VAT. Rules have conditions, so check with the dealer when you buy.

Read this before you compareIndicative, delayed 15 min · not a live quote · educational only. International spot price converted to pounds sterling. Local jewellers' rates include making charges, taxes and premiums, and may differ.

Frequently asked questions

What is the gold price per gram in the UK today?

This page shows 24K, 22K, 21K and 18K gold per gram in pounds, worked out from the indicative international spot price (delayed 15 minutes) and a daily GBP/USD reference rate.

Is there VAT on gold in the UK?

Investment gold is generally VAT-exempt in the UK; jewellery carries 20% VAT. Conditions apply, so confirm with the dealer.

Why does the UK gold price move differently from the dollar price?

Because the pound floats against the dollar. Both the gold price and the exchange rate change the price in pounds.

Is this a buy or sell recommendation?

No. It is educational information about how the international price converts into pounds sterling. It is not advice to buy, sell or hold gold.

Gold rates in other countries

Learn how gold moves: Gold analysis · Weekly bias and fundamentals · All lessons

Educational chart analysis only · not financial advice. These figures show how the international gold price converts into pounds sterling; they are not a quote, a trade call or a recommendation to buy or sell.

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