Live Gold Price UK: Today's Price Per Gram, Ounce and by Carat
The gold spot price in pounds, updated through the day: per gram, ounce and kilo, by carat, with a calculator for your own gold.
Loading the live gold price…
Spot-equivalent value of the gold content, updated through the day. It is not a dealer's buying price: see spot vs scrap below.
What the numbers mean:
- The figures above are the live spot value of gold, in pounds, updated through the day.
- Carat values are the pure gold price times the purity: 9ct is 37.5%, 18ct 75%, 24ct 99.9%.
- Coins and bars sell above spot; scrap offers are below it after refining and margin.
- Use the calculator for your own pieces, then ask for a quote.
In this article
Gold price by carat today
Each row is the live value of the gold in that carat: the spot price of pure gold multiplied by the carat's purity. Values update with the price at the top of the page.
| Carat | Hallmark | Per gram | Per troy ounce |
|---|---|---|---|
| 24ct | 999 | … | … |
| 22ct | 916 | … | … |
| 18ct | 750 | … | … |
| 14ct | 585 | … | … |
| 10ct | 417 | … | … |
| 9ct | 375 | … | … |
Selling? See our price
This page shows the market price. Our buying price, a free valuation and same-day payment are on our sell page.
For how the carats compare and which pays more, see 9ct vs 18ct vs 24ct gold. 22ct Asian gold has its own guide: selling 22ct gold in the UK.
9ct gold price per gram today
9ct gold is 37.5% pure gold, so a gram of 9ct holds … of gold at today's price. It is the most common gold in British jewellery, which is why it is the carat most people look up.
| Piece | Pure gold inside | Gold value today |
|---|---|---|
| A 9ct chain, 10 g | 3.75 g | … |
| A 9ct signet ring, 6 g | 2.25 g | … |
| A 9ct bracelet, 20 g | 7.5 g | … |
Selling gold? See our price.
Gold price chart
The chart tracks gold in US dollars (XAU/USD), the global benchmark. The sterling figures above convert gold into pounds, so the pound can move while the dollar chart stays flat, and the other way round.
Spot price vs scrap gold price
| Price | What it is |
|---|---|
| Spot price | The wholesale price of pure gold traded in bulk, as shown at the top of this page. |
| Coin and bar prices | Above spot: minting, distribution and dealer margin are added. |
| Scrap price | What a buyer offers for gold to be refined, worked out after testing. |
| Jewellery value | Antique, signed or gem-set pieces can be worth more than their gold. |
For our buying rates see scrap gold prices; for coins, selling sovereigns.
How the gold price is set
Gold trades around the clock on electronic markets in London, New York, Shanghai and elsewhere, and the spot price moves continuously. The London benchmark, the LBMA Gold Price, is set twice each business day, at 10:30 and 15:00, in an electronic auction run by ICE Benchmark Administration, and is quoted in US dollars per troy ounce. See the LBMA prices page.
| Unit | Equals |
|---|---|
| 1 troy ounce | 31.1035 grams |
| 1 kilogram | 32.1507 troy ounces |
| 1 gram | 0.0322 troy ounces |
Our guide to tracking the gold price covers sources and alerts.
What moves the gold price
Gold pays no interest, so it tends to gain when real rates fall.
Gold is priced in dollars; a weaker pound raises the price in pounds.
Crises and conflict push investors towards gold as a safe haven.
Official buying and selling moves large volumes.
Mine output, recycling, jewellery, technology and investment demand.
Fund flows and risk appetite can move the price quickly.
Over the long run, gold has repriced sharply in periods of high inflation and financial stress, such as the 1970s and the years after the 2008 financial crisis. Nobody can predict the next move reliably, and this is not investment advice.
Questions we are asked
How much is gold per gram in the UK today?
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.
How much is 9ct gold per gram?
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.
What is the gold spot price?
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.
Why is the UK gold price different from the dollar price?
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.
What is the LBMA gold price?
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.
Why are coins and bars priced above spot?
Spot is the metal only. Coins and bars add minting, distribution and dealer margin, and some coins carry a collector's premium.
How is a scrap gold offer worked out?
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.
How often does this page update?
The price refreshes when you open the page and every few minutes while it stays open.
What is the gold spot price in the UK?
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.
How is the 9ct gold price per gram worked out?
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.
Why does the gold price change during the day?
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.