Gold Price in United Kingdom
This page presents gold prices in the United Kingdom as the international spot-price equivalent converted at market exchange rates. It is not a quote from a UK bullion dealer, jeweller or shop. Retail prices can differ because of premiums, taxes, delivery costs and dealer margins.
In the United Kingdom, investment gold is usually priced per troy ounce, while jewellery and smaller pieces are commonly priced per gram.
XAU spot equivalent · United Kingdom
GBP 3,004.74 per troy ounce ▲ +3.22 (+0.11%)
Gram GBP 96.60Kilogram GBP 96,604.69Tola GBP 1,126.7822K per gram GBP 88.55
COMEX gold futures (GC=F) · Last 30 daily closes · Latest close GBP 3,000.25
Day change basis: COMEX gold futures (GC=F) — this is futures movement, not spot’s own change.
XAU spot equivalent · United Kingdom
GBP 3,004.74 per troy ounce
| Unit | Price |
|---|---|
| Troy ounce | GBP 3,004.74 |
| Gram | GBP 96.60 |
| Kilogram | GBP 96,604.69 |
| Tola | GBP 1,126.78 |
| Purity | Price / gram |
|---|---|
| 24K | GBP 96.60 |
| 22K | GBP 88.55 |
| 21K | GBP 84.53 |
| 18K | GBP 72.45 |
| 14K | GBP 56.35 |
Figures are the international spot price converted at market exchange rates. They are not local jeweller or shop prices, which add premiums, making charges, taxes and dealer margins.
Source: Live market quote · Quote time: 2026-10-26T14:40:14Z · Retrieved by Gold Updates at page load.
Price history
COMEX gold futures (GC=F) daily closes, in USD. This is futures data, not spot.
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Gold in United Kingdom: currency, quoting and coins
Market context
Gold buyers in United Kingdom trade in the same international market as buyers everywhere else: there is no separate local spot price. What differs locally is the currency, taxes, premiums and shop charges — the metal itself is priced from the one international benchmark, converted here into GBP.
Currency
The currency is the pound sterling (GBP), divided into 100 pence. Prices on this page are the international spot price converted at the current market exchange rate for GBP; the conversion rate, not a local dealer board, is what moves the figures here when exchange rates move.
How gold is quoted locally
The international benchmark is quoted per troy ounce in US dollars. Local shops in United Kingdom most commonly quote by the gram for jewellery and small bars; the per-ounce, per-gram and per-kilo figures above are all the same converted price, only the unit changes.
National coin
The best-known national bullion coins are the Britannia (99.99% pure in current bullion issues) and the historic Sovereign (22-karat). Coin prices in shops still follow weight and purity first; a design premium, where a dealer charges one, sits on top of the metal value.
Frequently Asked Questions
Why does a UK dealer charge more than the price shown here?
Dealers add a premium to cover sourcing, storage, delivery and their margin, and taxes or fees may also apply, so the delivered price is normally above the spot-price equivalent.
What affects the gold price in pounds sterling?
The sterling price depends on both the international gold price and the pound's exchange rate, so movements in either one will change the local figure.
What is the difference between a gold coin and a gold bar?
Both contain gold, but coins often carry a higher premium because of minting and collectability, while larger bars are usually priced closer to the metal value.
What should I check before buying gold in the UK?
Compare the total delivered cost from reputable dealers, confirm weight and purity, and check what is included in the price, such as delivery and insurance.
Pricing methodology
Gold Updates takes one XAU spot quote in USD, converts it at the current market exchange rate for GBP, then derives grams (ounce / 31.1034768), kilograms (grams x 1000) and tolas (grams x 11.6638038). Purity multiplies by karat / 24, applied once. Full details: Data Sources & Methodology.