Live Gold Price UK: Today's Price Per Gram, Ounce and by Carat

The live price per gram for 24ct, 22ct, 18ct, 14ct and 9ct gold is shown at the top of this page and updates through the day. It is the value of the gold content at the spot price.

9ct gold is 37.5% pure, so its value per gram is 37.5% of the price of pure gold. The live figure is shown at the top of this page.

The wholesale price for pure gold traded in bulk on international markets, quoted per troy ounce of 31.1035 grams and converted here into pounds per gram, ounce and kilo.

Gold is quoted globally in US dollars. The sterling price converts it at the current exchange rate, so both gold and the pound move the UK figure.

The London benchmark, set twice each business day at 10:30 and 15:00 in an electronic auction. Between those points gold keeps trading and the spot price keeps moving.

Spot is the metal only. Coins and bars add minting, distribution and dealer margin, and some coins carry a collector's premium.

On the pure gold content of each piece, from its weight and carat, after testing. Ask for the weight, carat and price per gram behind any offer.

The price refreshes when you open the page and every few minutes while it stays open.

The spot price is the price for immediate delivery of pure gold on the wholesale market, quoted per troy ounce. The UK figure on this page is the dollar spot price converted into pounds, so it moves with both the gold market and the pound to dollar exchange rate.

9ct gold is 375 parts pure gold in 1,000. The 9ct price per gram is the pure gold price per gram multiplied by 0.375. 18ct is 0.750, 22ct is 0.916 and 24ct is pure gold.

Gold trades around the clock in London, New York and Asia, so the price moves whenever those markets trade. Because UK prices are converted from dollars, a move in the exchange rate changes the pound price even when gold itself is flat.

9KT gold is 37.5% pure gold, so its price is that share of the pure gold price and moves with it through the day. The live table on this page shows 9 carat by the gram and the ounce. A finished 9 carat piece can be worth more for its maker, age or stones, so send photos for a valuation.

18KT gold is 75% pure gold, marked 750, so its price is three quarters of the pure gold price and moves with it. Italian 750 gold is the same standard. The live table on this page shows 18 carat by the gram and the ounce. Signed, antique and gem set pieces are often worth more than their gold.

22KT gold is 91.6% pure gold, marked 916, the standard of the gold sovereign and many wedding bands and Indian pieces. Its price is that share of the pure gold price, and the live table on this page shows it by the gram and the ounce. Sovereigns can be worth more than their gold for rare dates.

24KT gold is pure gold, 99.9% or finer, so it is the spot price itself: the world price for a troy ounce, converted into pounds. The live table on this page shows it by the gram, ounce and kilo. Bars and coins sell slightly above spot because of minting and dealing costs, and buyers pay slightly below.

No. White, rose and yellow gold of the same carat contain the same share of pure gold, so they are priced by their carat, not their colour. 18KT white gold has the same gold content as 18KT yellow. The other metals in the alloy, such as palladium, copper or silver, add little or nothing to the gold price.

A troy ounce is 31.1 grams, the unit used to price gold, silver and platinum worldwide; it is heavier than an ordinary ounce of 28.35 grams. A pennyweight, written dwt, is one twentieth of a troy ounce, about 1.555 grams, and is still used by some jewellers and refiners, especially in the United States.

Scrap gold is bought for its gold content, so the scrap price follows the live price for each carat, less the buyer's margin for testing and refining. Broken chains, odd earrings and damaged rings are all scrap gold. Before selling as scrap, have pieces checked: antique and signed jewellery is often worth more intact.

Buyers pay a share of the gold value of the item, and the share varies between buyers, which is why quotes differ. A pawnbroker lends against your gold rather than buying it, and charges interest until you repay. We give a free valuation from photos and pay the same day by bank transfer after inspection.

No one can predict the gold price with certainty. It is moved by interest rates, the US dollar, inflation, central bank buying and world events, and it can fall as well as rise. If you are thinking of selling, a free valuation tells you what your gold is worth today, with no obligation to sell.

Hallmarked gold is priced on the standard its hallmark guarantees, such as 375 for 9 carat or 750 for 18 carat, so no test is needed beyond checking the marks. Unmarked gold is tested first, by acid or an XRF machine, and then priced on the purity the test shows. Unmarked items are bought only after testing.

Raw gold is unrefined gold, such as nuggets, dust or old dental gold, whose purity is unknown until it is assayed. It is priced on its tested gold content, after the cost of refining. Most natural gold is not pure: it usually contains some silver and other metals, so it is tested before any price is agreed.

No. Nordic gold is a gold-coloured alloy of copper, aluminium, zinc and tin, used for the euro 10, 20 and 50 cent coins. It contains no gold at all and has no gold value. Its name refers to its colour, and it was first used for Swedish coins before the euro adopted it.