Gold Price in the UK Today

Today's gold rate in the UK: gold £2,896.25 per ounce, gold £93.12 per gram (as of Oct 30, 2026, 21:55 GMT). This is based on spot gold at $3,876.73 per troy ounce and 1 USD = 0.74709 GBP. Change today: −3.84% in GBP terms.

Dealer licensing and cash rules differ between England, Scotland, Wales and Northern Ireland: gold price and tax by nation →

Gold rate today · GBP

Market closed · last price

Gold per ounceper 1 ounce

£2,896.25

Gold per gramper 1 gram

£93.12

Sovereign (melt)per coin

£681.84

−£115.58 (−3.84%) today, Gold per ounce per 1 ounce

As of Oct 30, 2026 · 9:55 PM GMT · 1 USD = 0.74709 GBP

Low £2,90952 weeks, per ozHigh £3,962

Gold price in GBP · per ounce

Loading chart…

Chart in GBP: COMEX gold futures daily closes × that day's USD/GBP exchange rate.

Selling gold? Where to sell and what buyers pay · tax on selling gold · sell-back calculator

Gold Rate in UK by Karat and Weight

Value of the gold content at today's spot price, in GBP. Jewellery adds making charges and taxes. Travelling? See how much gold you can bring into the UK. Jewellers: see the trade price board, scrap and alloy calculators.

Purity	1 gram	10 grams	1 ounce	100 grams	1 kilo
24K999 fine	£93.12	£931.17	£2,896.25	£9,311.68	£93,117
22K916 fine	£85.29	£852.95	£2,652.97	£8,529.49	£85,295
18K750 fine	£69.84	£698.38	£2,172.19	£6,983.76	£69,838
14K585 fine	£54.47	£544.73	£1,694.31	£5,447.33	£54,473
9K375 fine	£34.92	£349.19	£1,086.10	£3,491.88	£34,919

Coin and bar melt values

Gold content only — coins and bars sell at a premium

Coin	Pure gold	Melt value
Sovereign (7.99 g, 22K)	7.322 g	£681.84
Half sovereign	3.661 g	£340.92
Britannia 1 oz (999.9)	31.103 g	£2,896.25
Britannia 1/4 oz	7.776 g	£724.06
Gold bar 1 oz (999.9)	31.103 g	£2,896.25
Gold bar 100 g (999.9)	100.000 g	£9,311.68
Gold bar 1 kilo (999.9)	1,000.000 g	£93,117

Gold Performance in GBP

How the gold price has changed for someone measuring in GBP — including currency moves.

Today

−3.84%

1 Week

−2.80%

1 Month

−8.51%

3 Months

−4.53%

Year to date

−9.63%

1 Year

−4.09%

3 Years

+77.69%

5 Years

+125.34%

10 Years

+179.85%

20 Years

+820.18%

Gold Price in UK by Year (GBP)

Year-end price per ounce and per gram in pounds sterling, with the year's change, high and low: the international price converted at each day's exchange rate, before taxes and dealer premiums. Highest close: £3,962 an ounce on 2 Mar 2026.

Since 1970, with inflation & wages →

Year	Year-end, per ounce	Change	High	Low	Per gram
2026 YTD	£2,909	−9.8%	£3,962 Mar 2	£2,909 Oct 30	£93.52
2025	£3,223	+53.2%	£3,370 Dec 26	£2,130 Jan 6	£103.63
2024	£2,105	+29.4%	£2,157 Dec 11	£1,584 Jan 11	£67.66
2023	£1,627	+7.4%	£1,656 Oct 30	£1,496 Jul 13	£52.31
2022	£1,515	+11.8%	£1,558 Mar 8	£1,320 Jan 6	£48.70
2021	£1,355	−2.6%	£1,440 Jan 5	£1,211 Mar 8	£43.55
2020	£1,390	+20.0%	£1,575 Aug 6	£1,151 Jan 2	£44.70
2019	£1,159	+15.1%	£1,279 Sep 3	£970.41 Mar 4	£37.26
2018	£1,007	+3.6%	£1,012 Dec 28	£900.54 Oct 10	£32.38
2017	£971.89	+3.8%	£1,028 Apr 13	£923.44 Dec 8	£31.25
2016	£935.87	+30.8%	£1,068 Nov 2	£729.56 Jan 4	£30.09
2015	£715.49	−5.9%	£861.00 Jan 23	£695.72 Aug 5	£23.00
2014	£760.42	+4.4%	£829.47 Mar 14	£715.54 Nov 6	£24.45
2013	£728.59	−29.7%	£1,071 Feb 6	£728.59 Dec 31	£23.42
2012	£1,036	+2.0%	£1,139 Feb 23	£964.89 May 16	£33.31
2011	£1,016	+10.3%	£1,172 Sep 6	£825.13 Feb 2	£32.66
2010	£920.59	+36.0%	£920.59 Dec 31	£670.27 Jan 27	£29.60
2009	£676.83	+12.3%	£735.19 Dec 3	£549.85 Jan 15	£21.76
2008	£602.88	+43.4%	£604.44 Dec 29	£413.57 Sep 11	£19.38
2007	£420.29	+29.6%	£421.23 Dec 28	£313.11 Jan 8	£13.51
2006	£324.21	+7.9%	£379.84 May 11	£299.15 Oct 4	£10.42
2005	£300.54	+32.2%	£300.54 Dec 30	£220.99 Feb 4	£9.66
2004	£227.41	−2.1%	£241.32 Nov 22	£208.75 Jun 9	£7.31

Daily closing prices from 2003; the current year runs to the latest close. Click a year for the gold price in US dollars that year, with key events.

How gold is priced in the UK

In the UK bullion is priced in pounds per troy ounce, while jewellery and scrap are valued per gram by carat — with 9 carat the most common for jewellery. The prices here are spot gold converted at today's GBP/USD rate.

VAT and Capital Gains Tax

Investment gold is VAT-free: bars of at least 995 fineness and qualifying coins (at least 900 fine, minted after 1800, legal tender, and sold for no more than 180% of their gold value). Jewellery carries 20% VAT.

UK legal-tender coins such as the Sovereign and Britannia are also exempt from Capital Gains Tax, because they count as sterling. Gold bars are subject to CGT (18% or 24%) above the annual allowance.

The London gold price

London is the centre of the global gold market: the LBMA Gold Price is set twice a day by ICE Benchmark Administration and is the reference for most of the world. UK dealers price coins and bars at spot plus their premium.

Hallmarks

Hallmarking is compulsory for gold items over 1 gram and is done by the four Assay Offices (London, Birmingham, Sheffield and Edinburgh). Legal fineness marks are 375 (9ct), 585 (14ct), 750 (18ct), 916 (22ct), 990 and 999.

Tax and duty information last reviewed October 2026. Rules change — confirm with your dealer or tax authority before a large purchase.

Gold value calculator · GBP

Weight

Unit

Purity

Estimated value

—

How we calculate

Spot gold (USD per troy ounce of pure gold) × today's USD/GBP rate × purity × weight ÷ 31.1035 g. That is the metal value; shop prices add making charges, dealer margins and any taxes described on this page.

UK in Numbers

Bank of England · ONS · HMRC

Bank Rate

3.75%

next MPC Nov 5

CPI inflation

3.5%

Sep 2026 · real rate 0.25%

10-year gilt

5.31%

Oct 28

Gold exports, 12 mo.

£39.6bn

398 t · 61% to China

More: Bank of England interest rate · UK gold exports by country (to August 2026). Bank Rate and gilts: Bank of England Database; inflation: Office for National Statistics; trade: HMRC; all licensed under the Open Government Licence v3.0.

Gold Price in UK: FAQ

What is the gold price in the UK today?

At the international spot price (Oct 30, 2026, 21:55 GMT): about £2,896 per ounce and £93.12 per gram of pure gold; the gold in a Sovereign is worth about £681.84. Investment gold is VAT-free in the UK, and Sovereigns and Britannias are also free of Capital Gains Tax because they are legal tender. Dealers sell at a premium over the metal value.

Is there VAT on gold in the UK?

Not on investment gold — bars of 995+ fineness and qualifying coins are exempt. Jewellery carries 20% VAT.

Are gold Sovereigns tax-free?

Yes. Sovereigns and Britannias are UK legal tender, so gains are exempt from Capital Gains Tax, and as investment gold they are VAT-free.

How much gold is in a Sovereign?

A full Sovereign weighs 7.988 g of 22-carat gold and contains 7.32 g of pure gold (0.2354 oz). Its melt value is in the coin table above.

What is 9ct gold worth per gram?

9 carat gold is 37.5% gold, so it is worth 37.5% of the pure gold price per gram — see the table above. Scrap buyers pay somewhat less.

What is the highest gold price ever in pounds sterling?

The highest daily close in our data is £3,962 per ounce (£127.38 per gram), on 2 March 2026: the international price converted at that day's exchange rate. The table of prices by year shows each year's high and low.

How has the gold price changed in pounds sterling over 10 years?

From the end of 2015 to the end of 2025, gold went from £715.49 to £3,223 an ounce in pounds sterling, a rise of 350%. Part of any change in a local currency comes from the exchange rate, not the metal.

Gold Price by Nation

Each page explains dealer licensing, cash rules, hallmarking, VAT and Capital Gains Tax on gold.

EnglandENG WalesWAL ScotlandSCO Northern IrelandNI

Gold Price in Other Countries

All countries →

IndiaINR PakistanPKR UAEAED Saudi ArabiaSAR KuwaitKWD QatarQAR EgyptEGP JordanJOD TurkeyTRY EuropeEUR South AfricaZAR CanadaCAD AustraliaAUD SingaporeSGD MalaysiaMYR ThailandTHB Hong KongHKD JapanJPY PhilippinesPHP United StatesUSD GermanyEUR SwitzerlandCHF FranceEUR ItalyEUR IrelandEUR NetherlandsEUR PolandPLN BahrainBHD OmanOMR BangladeshBDT Sri LankaLKR NepalNPR IndonesiaIDR VietnamVND MyanmarUSD ChinaCNY South KoreaKRW NigeriaNGN GhanaGHS KenyaKES MoroccoMAD MexicoMXN BrazilBRL ColombiaCOP PeruPEN

Sources: HMRC VAT Notice 701/21: investment gold · Kitco: Royal Mint record bullion sales (May 2026)