Real-time gold rates for 24K (99.9% pure), 22K (91.6% pure), and 18K (75% pure) gold
Read our in-depth guide covering jewelry costs, investment tips, VAT/tax rules, buying locations, and price trends
Historical price data to help you track market movements and identify buying opportunities
| Date | 24K (£/g) | 22K (£/g) | 18K (£/g) | Daily Change |
|---|---|---|---|---|
| Sun, Nov 16 TODAY | £103.32 | £94.71 | £77.49 | — |
| Sat, Nov 15 | £103.31 | £94.70 | £77.48 | ↑ 0.01% |
| Fri, Nov 14 | £103.44 | £94.82 | £77.58 | ↓ 0.13% |
| Thu, Nov 13 | £106.75 | £97.85 | £80.06 | ↓ 3.20% |
| Wed, Nov 12 | £105.35 | £96.57 | £79.01 | ↑ 1.31% |
| Tue, Nov 11 | £104.86 | £96.12 | £78.64 | ↑ 0.47% |
| Mon, Nov 10 | £103.81 | £95.16 | £77.86 | ↑ 1.00% |
💡 Pro Tip: Prices typically fluctuate 0.5-2% daily based on international gold markets and currency exchange rates. Today's 0.00% change indicates a stable market - ideal for planned purchases.
Learn why gold prices differ across 119 countries, how rates are calculated, and what factors affect gold rates today globally.
📖 Read Complete Gold Price GuideCalculate gold prices in different units and purities for United Kingdom
Calculate the actual cost of buying gold jewelry with our free calculator. Unlike simple gold price calculators, our Jewelry Purchase Cost Calculator includes making charges, wastage, and taxes to give you the real amount you'll pay at jewelers in United Kingdom.
💡 Why This Matters: A 10-gram 24K gold ring may cost £1,034 in raw gold, but with 15% making charges and 6% wastage, your actual purchase cost jumps to £1,251. Use our calculator to compare jeweler quotes and avoid overpaying.
💡 These are estimates based on typical making charges. Actual costs may vary by jeweler and design complexity.
Calculate how much you'll receive when selling your gold in United Kingdom
Powered by MarketsHost AI Engine • Real-time Market Data
Instant price calculations for common gold weights in United Kingdom (GBP)
| Weight Unit | 24K Gold (99.9%) | 22K Gold (91.6%) | 18K Gold (75%) |
|---|---|---|---|
| 1 Gram | £103.42 | £94.80 | £77.57 |
| 5 Grams | £517.10 | £474.00 | £387.85 |
| 8 Grams (1 Sovereign) | £827.36 | £758.40 | £620.56 |
| 10 Grams | £1,034.20 | £948.00 | £775.70 |
| 11.66 Grams (1 Tola) | £1,205.88 | £1,105.37 | £904.47 |
| 50 Grams | £5,171.00 | £4,740.00 | £3,878.50 |
| 100 Grams | £10,342.00 | £9,480.00 | £7,757.00 |
| 1 Kilogram | £103,420.00 | £94,800.00 | £77,570.00 |
| Note: Prices shown are retail rates including local taxes and premiums. Actual jewelry cost may vary with making charges. | |||
Complete comparison to help you choose the right gold purity for your needs
| Feature | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| Purity Level | 99.9% Pure | 91.6% Pure | 75% Pure |
| Today's Price (per gram) | £103.42 | £94.80 | £77.57 |
| Best For | Investment, Coins | Jewelry, Ornaments | Daily Wear Jewelry |
| Durability | Soft & Bendable | Medium Strength | Very Hard & Durable |
| Resale Value | Highest (100%) | Good (~96%) | Lower (~78%) |
| Hallmark Standard | 999 | 916 | 750 |
| Color | Deep Yellow | Rich Yellow | Light Yellow |
| Alloy Metals | None (0%) | Copper, Silver (8.4%) | Copper, Silver (25%) |
For investment, choose 24K gold for maximum resale value. For jewelry that you'll wear regularly, 22K offers the best balance of purity and durability. For intricate designs or daily wear pieces, 18K is most durable.
Compare gold rates across major international markets (24K gold per gram)
| Country | Currency | 24K Price/gram | Import Duty | Market Type |
|---|---|---|---|---|
| 🇦🇪 UAE (Dubai) | AED | د.إ482.16 | 0% (Tax free) | Duty Free |
| 🇮🇳 India | INR | ₹12,648.50 | 6.0% GST | Medium Tax |
| 🇺🇸 USA | USD | $135.23 | 0% (Tax free) | Duty Free |
| 🇬🇧 UK (Current) | GBP | £103.32 | 0% (Tax free) | Duty Free |
| 🇸🇬 Singapore | SGD | S$170.42 | 0% (Tax free) | Duty Free |
| 🇸🇦 Saudi Arabia | SAR | ﷼492.33 | 0% (Tax free) | Duty Free |
| 🇦🇺 Australia | AUD | A$207.05 | 0% (Tax free) | Duty Free |
| 🇨🇦 Canada | CAD | C$189.69 | 0% (Tax free) | Duty Free |
| Live Data: Prices updated hourly (24 times daily) from Metals.dev API. Dubai/UAE and Saudi Arabia offer the lowest gold prices globally due to zero import duties and tax-free status. | ||||
💷 Why UK Gold Coins? British sovereigns and Britannias are VAT-exempt and CGT-free (as legal tender). They're the most cost-effective way to invest in gold in the UK, trading at just 3-6% above spot price.
| Coin Type | Gold Weight | Current Price | Premium vs Spot | Tax Status |
|---|---|---|---|---|
| Full Sovereign | 7.98g (22K) | £786.76 | 4% premium | ✓ VAT-free + CGT-free |
| Half Sovereign | 3.99g (22K) | £397.16 | 5% premium | ✓ VAT-free + CGT-free |
| Quarter Sovereign | 2.00g (22K) | £200.98 | 6% premium | ✓ VAT-free + CGT-free |
| Britannia 1 oz | 31.1g (24K) | £3,312.85 | 3% premium | ✓ VAT-free + CGT-free |
| Britannia 1/2 oz | 15.55g (24K) | £1,672.51 | 4% premium | ✓ VAT-free + CGT-free |
| Britannia 1/4 oz | 7.78g (24K) | £844.84 | 5% premium | ✓ VAT-free + CGT-free |
| Britannia 1/10 oz | 3.11g (24K) | £340.93 | 6% premium | ✓ VAT-free + CGT-free |
🏆 Best Value: Full sovereigns and 1 oz Britannias offer the lowest premiums (3-4%). Smaller denominations convenient but cost 5-6% above spot. All British gold coins qualify as "investment gold" under HMRC rules - completely VAT-exempt and CGT-free when sold.
Official UK mint. Britannias at 3-4% premium. Free insured delivery over £500. Government-backed authenticity.
London's gold trading hub. Competitive prices (3-5% premium). Cash/card accepted. Popular: Sharps Pixley, Bleyer Bullion.
Lowest premiums (3-4.5%). BullionByPost, Atkinsons Bullion. Compare prices. Insured delivery. 14-day returns.
⚖️ UK Hallmarking Law: All gold items over 1 gram MUST be hallmarked by an Assay Office (London, Birmingham, Sheffield, Edinburgh). Look for: fineness mark (375, 585, 750, 916, 999), assay office mark, sponsor's mark, and date letter. Mandatory since 1973.
| Hallmark Number | Karat / Purity | Price per Gram | Common Use | Investment Value |
|---|---|---|---|---|
| 999 | 24K (99.9% pure) | £103.42 | Gold bars, Britannia coins | ⭐⭐⭐⭐⭐ Highest |
| 916 | 22K (91.6% pure) | £94.80 | Sovereigns, Asian jewelry | ⭐⭐⭐⭐⭐ Excellent |
| 750 | 18K (75% pure) | £77.57 | Fine jewelry, engagement rings | ⭐⭐⭐⭐ Good |
| 585 | 14K (58.5% pure) | £60.50 | Everyday jewelry, affordable | ⭐⭐⭐ Moderate |
| 375 | 9K (37.5% pure) | £38.78 | Budget jewelry, fashion items | ⭐⭐ Low (mostly alloy) |
Look for the number: 999 (24K), 916 (22K), 750 (18K), 585 (14K), or 375 (9K). This indicates gold purity.
Symbols: Leopard's head (London), Anchor (Birmingham), Rose (Sheffield), Castle (Edinburgh). Guarantees quality testing.
Initials of the manufacturer/sponsor (e.g., "JSJ" for a jeweler). Identifies who submitted the piece for hallmarking. Date letter optional post-1999.
⚠️ Warning: Un-hallmarked gold jewelry (over 1g) is ILLEGAL to sell in the UK. If a dealer sells un-hallmarked gold, they can be prosecuted. Always verify hallmarks before buying - counterfeit hallmarks are rare but exist. Use a jeweler's loupe to inspect closely.
💰 HUGE Tax Advantage: "Investment gold" (coins and bars) is completely VAT-exempt in the UK since 2000. This saves you 20% instantly! A £10,000 Britannia coin costs just £10,000. The same weight in jewelry costs £12,000 (£10,000 + 20% VAT). That's £2,000 saved!
| Gold Type | VAT Status | Example: £10,000 Purchase | CGT Status | Qualifying Criteria |
|---|---|---|---|---|
| Gold Britannias | 0% VAT | £10,000 total | CGT-free | UK legal tender, 24K purity |
| Gold Sovereigns | 0% VAT | £10,000 total | CGT-free | UK legal tender, 22K purity |
| Gold Bars (999) | 0% VAT | £10,000 total | CGT taxable | Min 995 fineness, LBMA approved |
| Gold Jewelry (18K/22K) | 20% VAT | £12,000 total (£10K + £2K VAT) | CGT taxable | All jewelry, watches, ornaments |
| Scrap Gold (any purity) | 20% VAT | £12,000 total (£10K + £2K VAT) | CGT taxable | Broken jewelry, melted gold |
✓ Purity: Minimum 995 fineness (99.5% pure) for bars/coins
✓ Form: Bars, wafers, or coins recognized globally (Britannias, Krugerrands, Eagles, Maple Leafs, etc.)
✓ Weight: Bars must be 1g-12.5kg (LBMA standard weights preferred: 1g, 5g, 10g, 1oz, 100g, 1kg)
✓ Coins: Must be minted after 1800, legal tender somewhere, purity ≥900 (exceptions: Sovereigns are 916 but qualify)
✓ Seller: Must be VAT-registered dealer (banks, Royal Mint, bullion dealers like BullionByPost, Atkinsons)
| Scenario | Gold Cost | VAT (20%) | Total Paid | Savings |
|---|---|---|---|---|
| Buy 1 oz Britannia | £3,313 | £0 (VAT-free) | £3,313 | SAVE £663 |
| Buy 1 oz Jewelry (24K) | £3,216 | £643 (20%) | £3,860 | - |
💡 Pro Tip: If you're buying gold for investment (not to wear), ALWAYS choose VAT-exempt investment gold (Britannias, Sovereigns, bars). On a £50,000 investment, you save £10,000 in VAT immediately. When selling, you get 20% more back because you never paid VAT upfront. This compounds your returns significantly!
In the United Kingdom, investment gold (coins and bars) is VAT-exempt. Jewelry has VAT applied. The UK hallmarking system ensures quality standards. Gold is a popular investment during economic uncertainty.
Today's gold rate in United Kingdom is £103.42 per gram for 24K gold, £94.80 for 22K gold, and £77.57 for 18K gold.
24K gold (99.9% pure) is best for investment as it has the highest purity and resale value. 22K gold (91.6% pure) is preferred for jewelry as it's more durable with added alloys. 18K gold (75% pure) is most durable but has lower investment value.
Gold prices vary due to local taxes (0.00% import duty in United Kingdom), transportation costs, demand-supply dynamics, and local market premiums. International prices also fluctuate based on USD exchange rates.
The best time to buy gold is during price dips or corrections. Monitor our live prices regularly. When prices drop below recent averages (watch for opportunities), it may be a good buying opportunity.
10 grams of 24K gold is worth £1,034.20 today. For 22K gold, it's £948.00, and for 18K gold, it's £775.70. Use our calculator above for custom weights.
Gold prices are affected by global factors like USD strength, inflation rates, geopolitical tensions, central bank policies, and market demand. Local factors include import duties (0.00% in United Kingdom), currency exchange rates, and regional demand patterns.
Gold is trading in a stable range (+0.00%). It's always wise to diversify your portfolio and consult with a financial advisor.
24K gold is 99.9% pure gold (ideal for investment), 22K is 91.6% pure (91.6% gold + 8.4% alloys like copper/silver for jewelry durability), and 18K is 75% pure (75% gold + 25% alloys for maximum durability). Higher karat = more gold content but less durability for jewelry.
These FAQs cover the basics, but there's much more to understand about global gold pricing. Our comprehensive guide explains:
See how United Kingdom gold prices compare to other major cities worldwide. Find the best prices and save money on your gold purchases: