Live prices · moment by moment
Gold Price Today in the UK (British pound)
Price by karat
Prices are for raw gold before making charges. They are a guide, not an offer to buy or sell.
Gold bar prices today (24K)
The estimate includes the dealer's premium, which gets smaller as the bar gets bigger.
| Size | Raw value | Estimated price |
|---|---|---|
| 1 g | 98.02 GBP | 107.82 GBP |
| 5 g | 490.10 GBP | 509.71 GBP |
| 10 g | 980.21 GBP | 1,007.65 GBP |
| 20 g | 1,960.41 GBP | 2,003.54 GBP |
| Troy oz | 3,048.78 GBP | 3,103.66 GBP |
| 50 g | 4,901.03 GBP | 4,974.55 GBP |
| 100 g | 9,802.06 GBP | 9,919.68 GBP |
| 1 Kilo | 98,020.60 GBP | 98,706.74 GBP |
| Gold pound 8 g 21K | 686.14 GBP | 706.73 GBP |
Gold price yesterday and previous days
Closing prices of the last 7 sessions for each karat.
| Date | 24K | 22K | 21K | 18K |
|---|---|---|---|---|
| Nov 6, 2026 | 98.09 | 89.91 | 85.83 | 73.57 |
| Nov 5, 2026 | 99.02 | 90.77 | 86.64 | 74.26 |
| Nov 4, 2026 | 98.04 | 89.87 | 85.79 | 73.53 |
| Nov 3, 2026 | 94.85 | 86.95 | 82.99 | 71.14 |
| Nov 2, 2026 | 95.55 | 87.59 | 83.61 | 71.66 |
| Oct 30, 2026 | 93.85 | 86.03 | 82.12 | 70.39 |
| Oct 29, 2026 | 97.04 | 88.95 | 84.91 | 72.78 |
Values at today’s exchange rate (GBP)
Gold forecast today: buy or sell?
For the long-term investor
Over 1 year
SellOver 3 years
Strong buyIndicator details
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 46.98 | Neutral |
| Stochastic (14,3,3) | 70.94 | Neutral |
| CCI (20) | -7.58 | Neutral |
| ADX (14) | 21.12 | Sell |
| Awesome Oscillator | -103.77 | Neutral |
| Momentum (10) | 64.20 | Buy |
| MACD (12,26) | 11.69 | Buy |
| Stoch RSI Fast (3,3,14,14) | 95.40 | Neutral |
| Williams %R (14) | -31.02 | Neutral |
| Bull Bear Power | 35.74 | Neutral |
| Ultimate Oscillator (7,14,28) | 48.85 | Neutral |
| Indicator | Value | Signal |
|---|---|---|
| EMA (10) | 4,048 | Buy |
| SMA (10) | 4,026 | Buy |
| EMA (20) | 4,082 | Sell |
| SMA (20) | 4,081 | Sell |
| EMA (30) | 4,121 | Sell |
| SMA (30) | 4,112 | Sell |
| EMA (50) | 4,179 | Sell |
| SMA (50) | 4,230 | Sell |
| EMA (100) | 4,263 | Sell |
| SMA (100) | 4,233 | Sell |
| EMA (200) | 4,281 | Sell |
| SMA (200) | 4,501 | Sell |
| Ichimoku Base (9,26,52) | 4,058 | Neutral |
| Hull MA (9) | 4,056 | Buy |
Readings may differ slightly from other sites.
For guidance only, not advice to buy or sell.
Live gold ounce price
Frequently asked questions
Which gold is tax-free in the UK?
Investment gold (bars and coins of 995 purity or higher, including Britannias and Sovereigns) is VAT-free. Sovereigns and Britannias are also exempt from capital gains tax because they are legal tender. Jewellery carries 20% VAT.
What do 9ct, 18ct and 22ct mean?
Carat is the share of pure gold out of 24: 9ct is 37.5%, 18ct is 75%, 22ct is 91.6% and 24ct is 99.9%. UK hallmarks show the fineness in parts per thousand (375, 750, 916, 999). The gram price for each carat is the 24ct price times its share.
How much is a Sovereign worth?
A full Sovereign contains 7.32 g of pure gold (22ct, 7.98 g gross), so its melt value is the 24ct gram price times 7.32; dealers add a small premium. The price updates with the ounce on this page.
Where is the gold price fixed?
The LBMA Gold Price is set in London twice a day and quoted in dollars per ounce; this page shows the live spot price in pounds and dollars, with the LBMA afternoon level typically a fraction of a percent away.
Is VAT charged on gold in the UK?
On jewellery, yes, at 20%; investment gold bars of 995 fineness or more and qualifying bullion coins are exempt.
Why are Sovereigns free of capital gains tax?
Because they are UK legal tender; the exemption applies to legal-tender coins such as the Sovereign and the Britannia, not to bars.
What does "375" stamped on a ring mean?
375 parts per thousand of gold, that is 9 carat, the most common fineness for British jewellery.
Can a dealer sell gold without a hallmark?
Not legally if the item weighs more than 1 gram and is described as gold; the Hallmarking Act requires an Assay Office mark.
About the gold price today in the UK
Gold price today in the UK, Saturday, November 7, 2026: 3,048.78 GBP per ounce (4,072.10 USD); 24K = 98.02 GBP, 22K = 89.85 GBP, 18K = 73.52 GBP per gram. Updated 20:12 GMT.
Today's gold price in the UK in British pound for every karat, worked out from the world ounce price and the exchange rate. UK bullion coins such as Sovereigns and Britannias are capital-gains-tax free; investment gold is VAT-exempt while jewellery carries 20% VAT.
Prices are for raw gold before making charges. Use “Fair price” to check a making charge or what your gold is worth when you sell, and the zakat calculator for zakat.
The UK gold market: what makes it different
The United Kingdom has the strictest consumer protection in the gold trade: a compulsory hallmark struck by an independent Assay Office on almost every piece sold as gold, a legal fineness system in parts per thousand rather than karats, and a tax regime that exempts investment gold from VAT and makes British coins free of capital gains tax. London is also the home of the world's largest bullion market, so the price here is the reference everywhere else. The price above is raw gold per gram in sterling at today's exchange rate; this page explains what is added to it in a British shop and how the rules work for buyers and sellers.
Fineness marks instead of karats
British gold is described by its fineness in parts per thousand: 375 (9ct), 585 (14ct), 750 (18ct), 916 (22ct) and 999 (24ct). 9ct is by far the most common fineness for everyday jewellery, 18ct for fine jewellery and engagement rings, 22ct for Asian-style jewellery and for the Sovereign coin, 999 for bars and modern bullion coins. At today's price (November 7, 2026) a gram of 24ct is £98.02, of 18ct £73.52 and of 9ct £36.76; a 9ct piece therefore contains only 37.5% gold, which is why its scrap value is much lower than its shop price.
The hallmark: what the law requires
Under the Hallmarking Act 1973 any gold item over 1 gram sold in the UK as gold must carry a hallmark from one of the four Assay Offices (London, Birmingham, Sheffield and Edinburgh). The mark has three compulsory parts: the sponsor's mark (who submitted the piece), the fineness number (375, 750 and so on) and the Assay Office symbol (the leopard's head for London, the anchor for Birmingham, the rose for Sheffield, the castle for Edinburgh), often with a date letter. A dealer must display a notice explaining the marks. An unhallmarked piece over 1 g cannot legally be described as gold, so a missing hallmark is a reason to walk away or to pay scrap value only.
Units and coins: the ounce, the gram and the Sovereign
Bullion is quoted per troy ounce in sterling; today's ounce is 4,072 US dollars, which at 0.7487 pounds to the dollar is £98.02 per gram. The two British coins that matter are the Sovereign (7.98 g of 22ct, 7.32 g of fine gold, struck by the Royal Mint since 1817) and the Britannia (one troy ounce of 999.9 gold since 2013). Both are legal tender, and that status is what makes them free of capital gains tax for UK residents, a benefit bars and foreign coins do not have. Hatton Garden in London is the traditional jewellery quarter; bars and coins are sold by the Royal Mint and by bullion dealers.
VAT: 20% on jewellery, exempt on investment gold
Jewellery carries VAT at 20% on the full price. Investment gold is exempt: bars of at least 995 fineness and gold coins of at least 900 fineness minted after 1800 that are or have been legal tender and are sold near their gold value (the Sovereign and the Britannia qualify, as do most bullion coins). That is why a one-ounce Britannia costs the ounce price plus a small premium, while a one-ounce 22ct chain costs the metal, the making charge and 20% VAT on top.
Making charges and selling
British jewellers rarely quote a separate making charge; the ticket price bundles metal, work, margin and VAT, and a 9ct piece can sell for several times its metal value. When you sell, scrap buyers pay a share of the melt value (weight × fineness ÷ 1000 × the 24ct gram price), typically 85–95% from a reputable buyer, less from pawnbrokers and postal services. The fair price tool computes the melt value of any piece at the live price so you know the floor before you negotiate.
Tips for buyers in the UK
- Check the hallmark on every piece: sponsor's mark, fineness number and Assay Office symbol.
- For saving, Sovereigns and Britannias combine a VAT exemption with a capital gains tax exemption.
- Compare bullion dealers on the premium over the ounce price, and on their buy-back price.
- Keep receipts; they set the cost basis and prove fineness when you sell.
- Follow the day-by-day archive for the recent range in sterling.
Frequently asked questions
Is VAT charged on gold in the UK?
On jewellery, yes, at 20%; investment gold bars of 995 fineness or more and qualifying bullion coins are exempt.
Why are Sovereigns free of capital gains tax?
Because they are UK legal tender; the exemption applies to legal-tender coins such as the Sovereign and the Britannia, not to bars.
What does "375" stamped on a ring mean?
375 parts per thousand of gold, that is 9 carat, the most common fineness for British jewellery.
Can a dealer sell gold without a hallmark?
Not legally if the item weighs more than 1 gram and is described as gold; the Hallmarking Act requires an Assay Office mark.
Read also
- The gold pound and the Sovereign: weight, karat, price, and when a coin beats a barThe Egyptian gold pound is 8 grams of 21K, the British Sovereign 7.98 grams of 22K; both are priced by their fine-gold content plus a small premium. We explain how they differ, how they are priced and sold, how they compare with the Krugerrand, the Eagle and the Britannia, and when a coin is the better choice over a bar.
- How the gold price per gram is calculated from the ounce price, with examples for every karatGold is priced worldwide in dollars per troy ounce, and every gram price in every currency is derived from it by one formula. We walk through it step by step with today's figures for 24K, 22K, 21K, 18K and 14K, and explain why a shop's price differs from the result.
- 24K, 22K, 21K, 18K, 14K and 9K explained: purity, uses and which karat to buyA karat is the share of pure gold in a piece out of 24 parts. We explain what each karat means, why countries favour different karats, how purity drives price, hardness, colour and resale value, and which karat suits saving and which suits wearing.
- Making charges and hallmarks: how they are calculated and how to negotiate themThe making charge is the only negotiable part of a gold price. We explain what it covers, how it is quoted per gram or as a percentage in different markets, what a hallmark is and who strikes it, and how to work out the real making charge in any offer in a minute and negotiate it with numbers.
- Selling scrap gold: what is deducted and why, and how to avoid losing moneyWhen you sell used gold the buyer pays its melt value less a deduction and never refunds the making charge. We explain every deduction one by one, how to compute what you will receive at today's price, when an exchange beats a sale, where to sell, and the mistakes that cost sellers the most.
- Zakat on gold and silver: the nisab, the lunar year and worn jewellery, with worked examplesA complete guide to zakat on gold and silver: the conditions, the nisab (85 grams of gold and 595 grams of silver) and its value today, the Hijri year, the schools' views on worn jewellery with the fatwa authorities' positions, mixing karats, combining silver with gold, and examples worked step by step.