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United Kingdom

Gold Price in the United Kingdom

Current calculated Gold reference in GBP. A calculated reference — Gold or Silver's verified reference price, converted to GBP — never a dealer or jeweller quote.

UnavailableGold reference + FX reference → calculationGold reference: Loading

24K Gold, per gram

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Gold price by purity

1 troy ounce = 31.1034768 grams — the standard international gold-quoting unit.

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Gold calculated reference price in GBP, by purity, per gram and per troy ounce.
PurityPer gramPer troy ounce
24KChecking…Checking…Troy Ounce
22KChecking…Checking…Troy Ounce
21KChecking…Checking…Troy Ounce
18KChecking…Checking…Troy Ounce

Silver price

Silver reference: Loading

Per gram

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Per troy ounce

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Any local price this platform derives is a calculated reference value, not a dealer quote. Real local prices differ because taxes, import duties, dealer premiums, making charges and spreads apply. This platform does not model those figures and does not estimate them.

Global Gold & Silver historical context

This is the platform's verified global historical metal dataset — monthly USD averages from the World Bank Commodity Price Data ("Pink Sheet"), back to 1960. It is not a reconstructed local-currency price history: no verified historical FX series exists to build one honestly, so none is shown here.

Historical

GoldXAU

Historical
35.01,2812,5283,7745,020Jan 1960May 1973Aug 1986Dec 1999Mar 2013Jul 2026
Gold monthly average prices from Jan 1960 to Jul 2026, 799 monthly observations in USD per troy ounce. Lowest 35 USD in Jan 1960, highest 5020 USD in Feb 2026. Source: World Bank Commodity Price Data, monthly averages — not live or spot prices.

Period shown Jan 1960Jul 2026Observations 799 monthlyLow 35 USDHigh 5020 USD

SilverXAG

Historical
0.9023.746.569.392.1Jan 1960May 1973Aug 1986Dec 1999Mar 2013Jul 2026
Silver monthly average prices from Jan 1960 to Jul 2026, 799 monthly observations in USD per troy ounce. Lowest 0.9 USD in Jan 1960, highest 92.1 USD in Jan 2026. Source: World Bank Commodity Price Data, monthly averages — not live or spot prices.

Period shown Jan 1960Jul 2026Observations 799 monthlyLow 0.9 USDHigh 92.1 USD

Source: World Bank Commodity Price Data ("Pink Sheet"), Monthly Prices (opens in a new tab) · Licence CC-BY-4.0 · Monthly period averages, quoted in USD per troy ounce · Retrieved 2026-08-22. Global historical averages, not this country's local currency, and not spot, dealer or live prices.

Calculators, in GBP

The same calculators every reader on this platform uses, preselected to GBP for United Kingdom. Switch currency, unit, or price source at any time — nothing here assumes a making charge, wastage, or tax rate on your behalf.

Jewellery Value Calculator

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Break a jewellery price into fine metal, wastage, making charge, dealer margin and tax — every charge entered by you.

Metal
Charges — all optional, all yours

Leave any field blank and it contributes nothing. This platform has no assumed making charge, wastage or tax rate for any market.

Applied to the fine metal value

Applied to the fine metal value

Flat amount, no percentage base

Applied to the subtotal before margin

Applied to the subtotal before tax

Checking the platform reference price… Nothing is estimated in its place.

How this is calculated

Fine metal value is your price multiplied by the fine-metal weight of the piece, with the purity fraction applied first and any unit difference converted exactly. Charges are then applied in a fixed order, each on a stated base: wastage and making on the fine metal value, dealer margin on the subtotal after those, and tax on everything before it. Every subtotal is shown so you can reconcile against your own invoice.
Dealers differ in the order they apply charges, so a total here may not match a specific shop's bill even with identical percentages. Every charge is a figure you entered — none is assumed, estimated, or sourced from any market.

Scrap Gold / Silver Calculator

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Estimate what a buyer would pay for scrap, after the deduction and refining fee you specify.

Buyer's deductions — optional, and yours

How far below metal value they pay

Flat amount, subtracted after the deduction

Checking the platform reference price… Nothing is estimated in its place.

How this is calculated

Fine metal value is your price multiplied by the fine-metal weight, with the purity applied first. The buyer's percentage deduction comes off that value, then the flat refining fee. If the two together exceed the metal value the result is shown as a shortfall — the arithmetic is never clamped to zero.
This is arithmetic on your assumptions, not a quote. What a buyer actually pays depends on that buyer. No deduction, fee or margin is assumed by this platform.

Weight converter

CalculationExact unit conversion

Enter a weight to convert.

Purity & fine metal

CalculationNo market data required

Enter a gross weight to calculate fine metal content.

How this page works

The GBP figures on this page are a calculated reference: a verified Gold or Silver reference price, converted to GBP using a verified USD/GBP reference rate, then converted to grams or troy ounces and adjusted for purity. Every step is stated below, with its own source and timestamp.

A gram and a troy ounce are both weight units — 1 troy ounce equals exactly 31.1034768 grams. Purity changes how much of that weight is fine metal: 24K is fine (undiluted) gold, while 22K, 21K and 18K each contain a fixed fraction of fine gold by weight (22/24, 21/24 and 18/24 respectively).

This is not the LBMA gold price, a spot price from any exchange, or any bullion dealer's quoted price. Local buying and selling prices routinely differ from a calculated reference because of dealer premium, spread, and VAT where applicable — none of which this platform assumes, invents, or estimates on your behalf.