🇬🇧 Gold Price in the United Kingdom Today (2024): Ounce, Gram, Tola, Carat

Overview of the Gold Price in united kingdom in ounce, gram and tola. and development since 1 day, 1 month, 6 months and 1 year

Latest gold price in the United Kingdom: GBP 1,607.12
Last Update: 28 February 2024

Gold price per ounce in the United Kingdom GBP 1,607.12 24k 1 ounce
Gold price per gram in the United Kingdom GBP 51.67 24k 1 gram
Gold price per kilogram in the United Kingdom GBP 51,670.05 24k 1 kg
Gold price per tola in the United Kingdom GBP 602.67 24k 1 tola

Remarks:

  • The gold price is quoted in troy ounce in USD. Other currencies and weights are converted. (1 USD is GBP 0.79 on 28 February 2024).
  • These rates are for 24k, (karat, or carat) that is a purity of nearly 99.95%, or a fineness of 999.5. (as defined by the LBMA good delivery standard for gold bars).
  • About the weights:
    • One troy ounce is approx. 31.103 gram. The troy ounce should not be confused with the customary ounce (US) or imperial ounce (UK), which weights a bit less, that is approx. 28.35 gram.
    • One troy ounce is approx. 2.667 tola. Tola is a gold weight popular in the Middle East and India.

This article gives an overview about the gold price today in the United Kingdom in Pound Sterling in ounce, gram and tola, different karat, history of daily prices in a table, prices in different cities and frequently asked questions.

Gold Price in the UK on 28 February 2024: GBP 1,607.12 per Ounce

A British lady wearing gold jewelry and pondering the gold price in the United Kingdom
A British lady wearing gold jewelry and pondering the gold price in the United Kingdom

The British relationship with gold is both historical and economically significant. In this guide, we’ll provide a detailed overview of:

  • How gold is priced per ounce, gram, and tola in the United Kingdom.
  • The variation in prices based on karat, from 8 karat to 24 karat.
  • Historical data on daily prices to discern patterns.
  • Gold prices in major British cities, including London, Glasgow and Liverpool.

Let’s dive into the specifics.

1 Ounce to 1,000 Ounce

What is the price of gold in the UK for one ounce, two ounces, etc. up to 1,000 ounce?

OunceGold Price
1 ounceGBP 1,607.12
2 ounceGBP 3,214.24
5 ounceGBP 8,035.59
10 ounceGBP 16,071.18
20 ounceGBP 32,142.36
25 ounceGBP 40,177.95
50 ounceGBP 80,355.91
100 ounceGBP 160,711.81
200 ounceGBP 321,423.62
250 ounceGBP 401,779.53
500 ounceGBP 803,559.06
1000 ounceGBP 1,607,118.12

1 Gram to 1,000 Gram

What is the price of gold in the United Kingdom for one gram, two gram, etc. up to 1,000 gram?

GramGold Price
1 gramGBP 0.00
2 gramGBP 0.00
5 gramGBP 0.00
10 gramGBP 0.00
20 gramGBP 0.00
37.5 gramGBP 0.00
50 gramGBP 0.00
100 gramGBP 0.00
200 gramGBP 0.00
500 gramGBP 0.00
1000 gramGBP 0.00

1 Tola to 1,000 Tola

What is the price of gold in the United Kingdom for one tola, two tola, etc. up to 1,000 tola?

TolaGold Price
1 tolaGBP 602.67
2 tolaGBP 1,205.34
5 tolaGBP 3,013.35
10 tolaGBP 6,026.69
20 tolaGBP 12,053.39
25 tolaGBP 15,066.73
50 tolaGBP 30,133.46
100 tolaGBP 60,266.93
200 tolaGBP 120,533.86
250 tolaGBP 150,667.32
500 tolaGBP 301,334.64
1000 tolaGBP 602,669.29

24 Karat to 8 Karat per Ounce

What is the price of gold in the United Kingdom for 24 karat, down to 8 karat per ounce?

KaratGold Price
24 karat per 1 ounceGBP 0.00
22 karat per 1 ounceGBP 0.00
21 karat per 1 ounceGBP 0.00
20 karat per 1 ounceGBP 0.00
18 karat per 1 ounceGBP 0.00
16 karat per 1 ounceGBP 0.00
14 karat per 1 ounceGBP 0.00
12 karat per 1 ounceGBP 0.00
10 karat per 1 ounceGBP 0.00
9 karat per 1 ounceGBP 0.00
8 karat per 1 ounceGBP 0.00

24 Karat to 8 Karat per Gram

What is the price of gold in the United Kingdom for 24 karat, down to 8 karat per gram?

KaratGold Price
24 karat per 1 gramGBP 0.00
22 karat per 1 gramGBP 0.00
21 karat per 1 gramGBP 0.00
20 karat per 1 gramGBP 0.00
18 karat per 1 gramGBP 0.00
16 karat per 1 gramGBP 0.00
14 karat per 1 gramGBP 0.00
12 karat per 1 gramGBP 0.00
10 karat per 1 gramGBP 0.00
9 karat per 1 gramGBP 0.00
8 karat per 1 gramGBP 0.00

24 Karat to 8 Karat per Tola

What is the price of gold in the United Kingdom for 24 tola, down to 8 karat per tola?

KaratGold Price
24 karat per 1 tolaGBP 0.00
22 karat per 1 tolaGBP 0.00
21 karat per 1 tolaGBP 0.00
20 karat per 1 tolaGBP 0.00
18 karat per 1 tolaGBP 0.00
16 karat per 1 tolaGBP 0.00
14 karat per 1 tolaGBP 0.00
12 karat per 1 tolaGBP 0.00
10 karat per 1 tolaGBP 0.00
9 karat per 1 tolaGBP 0.00
8 karat per 1 tolaGBP 0.00

What is the Daily Gold Price in the United Kingdom of the Last 30 Days?

Here is an overview of the historical development of the gold price per ounce of the last 30 days in the United Kingdom. Gold prices are set from Monday till Friday (similar to the stock market). Therefore, weekends list the price of Friday.

Table with the gold price per ounce in Sterling in the United Kingdom of the last 30 days:

Gold Price in Different British Cities: From London to Sheffield

Please note, the gold price is the same around the world. Therefore, there should be no differences in the price between countries and cities. In practice, buyers might pay different markups to sellers based on the countries’ conventions.

These are the gold prices in the 10 biggest cities in the United Kingdom:

What is the gold price in London?

Today’s gold price in London is GBP 1,607.12 for one troy ounce.

What is the gold price in Manchester?

Today’s gold price in Manchester is GBP 1,607.12 for one troy ounce.

What is the gold price in Birmingham?

Today’s gold price in Birmingham is GBP 1,607.12 for one troy ounce.

What is the gold price in Leeds-Bradford?

Today’s gold price in Leeds-Bradford is GBP 1,607.12 for one troy ounce.

What is the gold price in Glasgow?

Today’s gold price in Glasgow is GBP 1,607.12 for one troy ounce.

What is the gold price in the Southampton?

Today’s gold price in Southampton is GBP 1,607.12 for one troy ounce.

What is the gold price in Liverpool?

Today’s gold price in Liverpool is GBP 1,607.12 for one troy ounce.

What is the gold price in Newcastle?

Today’s gold price in Newcastle is GBP 1,607.12 for one troy ounce.

What is the gold price in the Nottingham?

Today’s gold price in the Nottingham is GBP 1,607.12 for one troy ounce.

What is the gold price in Sheffield?

Today’s gold price in Sheffield is GBP 1,607.12 for one troy ounce.

Current Market Scenario

Current Gold Price in the United Kingdom

As of 28 February 2024, the gold price in the United Kingdom is around GBP 1,607.12. This price is subject to fluctuations based on various factors such as supply and demand, economic conditions, and geopolitical events.

Factors Influencing the Price of Gold in the United Kingdom

The price of gold in the United Kingdom is influenced by a multitude of factors. These include the international gold market and the overall economic health. Additionally, factors like mining costs, gold production, and changes in jewelry and industrial demand also play a significant role in determining the gold price trends.

Historical Trends in the Gold Price in the United Kingdom

Historically, the price of gold in the United Kingdom has seen both highs and lows. Over the past decade, gold prices have generally been on an upward trend, with occasional dips. This is largely due to increasing demand, geopolitical tensions, and economic uncertainties. Understanding these historical trends can help in making informed predictions about future gold price trends.

Gold Prices in Other Countries and Currencies

Check out the gold price in all major countries and currencies

Australia and Oceania
🇦🇺 gold price in Australia (Australian dollar) and 🇳🇿 gold price in New Zealand (New Zealand dollar)

Americas
🇦🇷 gold price in Argentina (Argentine peso, ARS), 🇧🇷 gold price in Brazil (Brazilian real, BRL), 🇧🇸 gold price in the Bahamas (Bahamian dollar, BSD), 🇨🇦 gold price in Canada (Canadian dollar, CAD), 🇨🇱 gold price in Chile (Chilean peso, CLP), 🇨🇴 gold price in Colombia (Colombian peso, COP), 🇬🇾 gold price in Guyana (Guyanese dollar, GYD), 🇲🇽 gold price in Mexico (Mexican peso, MXN), 🇵🇦 gold price in Panama (Panamanian balboa, PAB), 🇵🇪 gold price in Peru (Peruvian sol, PEN), 🇵🇷 gold price in Puerto Rico (US dollar, USD), 🇺🇸 gold price in the United States of America (United States dollar, USD) and 🇺🇾 gold price in Uruguay (Uruguayan peso, UYU)

Asia
🇨🇳 gold price in China (Chineses Renminbi, RMB/ Yuan, CNY), 🇭🇰 gold price in Hong Kong (Hong Kong dollar, HKD), 🇯🇵 gold price in Japan (Japanese yen, YEN), 🇮🇳 gold price in India (Indian rupee, INR), 🇮🇩 gold price in Indonesia (Indonesian rupiah, IDR), 🇰🇿 gold price in Kazakhstan (Kazakhstani tenge, KZT), 🇲🇴 gold price in Macau (Macanese pataca, MOP), 🇲🇾 gold price in Malaysia (Malaysian ringgit, MYR), 🇵🇰 gold price in Pakistan (Pakistani rupee, PKR), 🇵🇭 gold price in the Philippines (Philippine peso, PHP), 🇸🇬 gold price in Singapore (Singapore dollar, SGD), 🇰🇷 gold price in South Korea (South Korean wong, KRW), 🇹🇼 gold price in Taiwan (New Taiwan dollar, TWD), 🇹🇭 gold price in Thailand (Thai baht, THB) and 🇻🇳 gold price in Vietnam (Vietnamese dong, VND)

Europe
🇦🇹 gold price in Austria (euro, EUR), 🇧🇪 gold price in Belgium (euro, EUR), 🇨🇿 gold price in the Czech Republic (Czech koruna, CZK), 🇨🇾 gold price in Cyprus (euro, EUR), 🇩🇰 gold price in Denmark (Danish krone, DKK), 🇫🇮 gold price in Finland (euro, EUR), 🇫🇷 gold price in France (euro, EUR), 🇩🇪 gold price in Germany (euro, EUR), 🇬🇷 gold price in Greece (euro, EUR), 🇭🇺 gold price in Hungary (Hungarian forint, HUF), 🇮🇸 gold price in Iceland (Icelandic krona, ISK), 🇮🇪 gold price in Ireland (euro, EUR), 🇮🇹 gold price in Italy (euro, EUR), 🇱🇮 gold price in the Liechtenstein (Swiss Fran, CHF), 🇱🇺 gold price in Luxembourg (euro, EUR), 🇲🇹 gold price in Malta (euro, EUR), 🇲🇨 gold price in Monaco (euro, EUR), 🇳🇱 gold price in the Netherlands (euro, EUR), 🇳🇴 gold price in Norway (Norwegian Krone, NOK), 🇵🇱 gold price in Poland (Polish zloty, PLN), 🇵🇹 gold price in Portugal (euro, EUR), 🇪🇸 gold price in Spain (euro, EUR), 🇸🇪 gold price in Sweden (Swedish krona, SEK), 🇨🇭 gold price in Switzerland (Swiss franc, CHF), 🇺🇦 gold price in Ukraine (Ukrainian hryvnia, UAH) and 🇬🇧 gold price in the United Kingdom (Pound Sterling, GBP)

Middle East and Africa
🇦🇪 gold price in Abu Dhabi (Emirati dirham, AED), 🇩🇿 gold price in Algeria (Algerian dinar, DZD), 🇧🇭 gold price in Bahrain (Bahraini dinar, BHD), 🇦🇪 gold price in Dubai (Emirati dirham, AED), 🇪🇬 gold price in Egypt (Egyptian pound, EGP), 🇰🇼 gold price in Kuwait (Kuwaiti dirham, KWD), 🇮🇱 gold price in Israel (Israeli new shekel, ILS), 🇯🇴 gold price in Jordan (Jordanian dinar, JOD), 🇴🇲 gold price in Oman (Omani rial, OMR), 🇶🇦 gold price in Qatar (Qatari riyal, QAR), 🇸🇦 gold price in Saudi Arabia (Saudi riyal, SAR), 🇿🇦 gold price in South Africa (South African rand, ZAR), 🇹🇷 gold price in Turkey (Turkish lira, TRY) and 🇦🇪 gold price in the United Arab Emirates (Emirati dirham, AED)

FAQ

What is the gold price in the United Kingdom?

The gold price in the United Kingdom currently is GBP 1,607.12 for one ounce, GBP 51.67 for one gram and GBP 602.67 for one tola. (This price is from 28 February 2024.)

What is the gold price in Pound Sterling?

The gold price in British Pound is GBP 1,607.12 for one ounce, GBP 51.67 for one gram; as per 28 February 2024.

What is the 24 Karat gold price in the United Kingdom?

24 karat gold is considered pure gold. This is the same as the quoted gold price: GBP 1,607.12 for one ounce, GBP 51.67 for one gram and GBP 602.67 for one tola. (This price is from 28 February 2024.)

What is the 1 tola gold price in the United Kingdom?

GBP 602.67 cost one tola of pure gold in the United Kingdom. (This price is from 28 February 2024.) One tola is equivalent to approximately 11.6638038 grams. The price would be based on the current rate per gram, which changes regularly. For an exact figure, refer to a reliable financial resource.

What is the 10 gram gold price in the United Kingdom?

The price for 10 grams of gold in the United Kingdom is GBP 516.70. (This price is from 28 February 2024.) It can be determined by checking the current price per gram and multiplying by 10.

What is the 1 gram gold price in the United Kingdom?

The 1 gram gold price in the United Kingdom is GBP 51.67. (This price is from GBP 51.67.) The 1 gram gold price fluctuates daily based on market demand, currency strength, and other economic factors.

What is the 100 gram gold price in the United Kingdom?

For 100 grams, simply multiply the current price of 1 gram by 100, which is GBP 5,167.00. (This price is from 28 February 2024.) A real-time gold price source would be the best place to get this information.

How is the gold price determined in the United Kingdom?

Gold prices in the United Kingdom are based on the global gold price, which is set by several banks and institutions (see also LMBA Fix in the UK and CME in the United States.) from Monday till Friday. economic conditions, domestic demand, and other financial market activities. Factors like global geopolitical events, the strength of the GBP, and interest rates play significant roles.

What role does the Bank of England has in influencing the gold prices in the United Kingdom?

The Bank of England, or the central bank of the United Kingdom, holds gold reserves. Any announcement or activity related to buying or selling these reserves can influence market sentiments and, indirectly, gold prices.

How does the gold price in the United Kingdom compare to other countries?

Gold prices in the United Kingdom are based on the global gold price, which is set by several banks and institutions (see also LBMA Fix in the UK and CME in the United States.) from Monday till Friday. economic conditions, domestic demand, and other financial market activities. Factors like global geopolitical events, the strength of the GBP, and interest rates play significant roles.

Do British cities like London, Manchester or Glasgow have different gold prices?

Gold prices generally remain consistent across the country. Therefore, everywhere in the United Kingdom the gold price is the same. Fluctuations are explained by the markup of the gold dealer and a higher premium for certain gold coins and coins of smaller denominations.

helllo0