Gold Price Today in British pounds (GBP)
Live spot gold converted to British pounds per gram, ounce, tola and kilogram for every common karat, with notes on buying gold in the United Kingdom.
Last updated 2026-11-07 00:22 UTC · Gold spot $4,072.10 per troy ounce
Gold price in GBP by unit
| Unit | 24K | 22K | 18K |
|---|---|---|---|
| Per gram | £97.26 | £89.16 | £72.95 |
| Per 10 grams | £972.63 | £891.58 | £729.47 |
| Per troy ounce | £3,025.22 | £2,773.12 | £2,268.92 |
| Per tola (11.66 g) | £1,134.46 | £1,039.92 | £850.84 |
| Per kilogram | £97,263 | £89,158 | £72,947 |
Gold price in GBP by karat
Exchange rate used: 1 USD = 0.7429 GBP (ExchangeRate-API, last update 2026-11-06 00:02 UTC).
Spot price: gold-api.com (gold-api.com, fallback Swissquote public quotes) · exchange rates: ExchangeRate-API (daily, last update 2026-11-06 00:02 UTC). Refreshed about every 15 minutes; spot markets close at weekends, when the last traded price is shown.
Silver price in GBP
| Unit | Fine silver (999+) | Sterling (925) |
|---|---|---|
| Per gram | £1.24 | £1.15 |
| Per 10 grams | £12.44 | £11.50 |
| Per troy ounce | £38.68 | £35.78 |
| Per kilogram | £1,243.73 | £1,150.45 |
Buying gold in the United Kingdom: local context
In the UK, investment gold, meaning bars of at least 99.5% purity and qualifying gold coins, is exempt from VAT, while silver bullion is charged VAT at the standard rate of 20%. Coins that are UK legal tender, such as the Britannia and the Sovereign produced by the Royal Mint, are also exempt from Capital Gains Tax for UK residents. London is the centre of the global over-the-counter gold market, where the LBMA Gold Price benchmark is set twice each business day. Always check current HMRC guidance for your situation.
How the GBP price is calculated
Live: spot $4,072.10 per oz × 0.7429 GBP per USD ÷ 31.1035 = £97.26 per gram of 24K gold. Karat prices multiply this by karat ÷ 24.
Frequently asked questions
Is there VAT on gold in the UK?
Investment gold (bars of at least 99.5% purity and qualifying coins) is exempt from VAT. Jewellery and silver bullion are subject to VAT at the standard 20% rate.
Why does the gold price in pounds move differently from the dollar price?
The sterling price is the dollar price converted at the GBP/USD exchange rate, so a weaker pound pushes the sterling gold price up even when gold is flat in dollars.
Is this the price a jeweller will charge me?
No. This is the spot value of the metal itself. Jewellery and coins are sold with a premium over spot that covers manufacturing, design, dealer margin and, in many countries, sales tax or VAT. When you sell, buyers usually pay less than spot.
Related pages
Gold price today Per gram Per ounce Per kilogram Per tola 24K 22K 18K 14K Gold in USD Gold in EUR Gold in CAD Gold in AUD Gold in AED Gold in INR Gold calculator Gold forecast
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Not financial advice. Prices are indicative spot values for information and education only, not an offer to buy or sell. Dealer, jeweller and bank prices include premiums, spreads, making charges and local taxes, so the price you pay or receive will differ. See our disclaimer.
Page updated 2026-11-07 · Site built 2026-11-08 02:07 UTC