Gold rates by purity
| Purity | Gold content | Price per gram |
|---|---|---|
| 24K gold | 100.0% | £95.85 |
| 22K gold | 91.7% | £87.86 |
| 18K gold | 75.0% | £71.89 |
| 14K gold | 58.3% | £55.91 |
| 9K gold | 37.5% | £35.94 |
These are calculated metal values, not a promise of a retail buying or selling price. Local tax, dealer spreads and workmanship are not included.
Gold value calculator
Estimate melt value by weight and purity.
Understanding gold prices in United Kingdom
The international benchmark is normally quoted in US dollars per troy ounce. We convert that benchmark into British pound and then into gram values. Purity is applied as a transparent fraction of 24K gold.
Because currency markets and gold markets move independently, the price in GBP can rise even when the USD gold price is flat. The reverse can also happen. For an actual transaction, compare several same-day dealer quotes and confirm the tested purity and net weight.
United Kingdom gold price FAQ
What is the gold price today in United Kingdom?
The calculated 24K spot value is £95.85 per gram. Retail quotes may differ.
Why is a jewellery shop price different?
A retail quote can include tax, making charges, dealer margin, design costs and a local supply premium. Our rate estimates the underlying metal value.
How is a lower-karat gold price calculated?
We multiply the 24K reference value by the purity ratio. For example, 22K uses 22/24 and 18K uses 18/24.