Gold price per gram in London
On November 6, 2026, one gram of 24K gold in London is worth 97.14 GBP; 22K is 88.98 GBP and 18K is 72.85 GBP.
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Price per gram in GBP by karat
| Karat | Per gram | Buy (bid) / gram | Sell (ask) / gram |
|---|---|---|---|
| 24K999 | 97.14 | 95.20 | 99.08 |
| 22K916 | 88.98 | 87.20 | 90.76 |
| 21K875 | 85.00 | 83.30 | 86.70 |
| 18K750 | 72.85 | 71.40 | 74.31 |
| 14K585 | 56.83 | 55.69 | 57.96 |
| 10K417 | 40.51 | 39.70 | 41.32 |
| 9K375 | 36.43 | 35.70 | 37.16 |
About this unit
The gram is the standard retail unit for jewelry in most of the world, including Europe, Latin America, the Middle East and Asia.
Other units: troy ouncetolakilogram
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Gold spot price trend (USD/oz)
How the gold price in London is calculated
We take the live spot price of 4,066.90 USD per troy ounce, divide it by 31.1035 to get 130.75 USD per gram of pure gold, and multiply by today’s exchange rate of 0.7429 GBP per dollar. That gives 97.14 GBP per gram for 24K. Lower karats are priced by their gold content.
London is the centre of the over-the-counter gold market; the LBMA Gold Price auction is set twice a day in US dollars.
Gold in London is priced in the same currency as the rest of United Kingdom; differences between shops come from margins and making charges, not from the metal price.
Before you sell, weigh your pieces on a jeweler’s scale, check the hallmark and compare at least two quotes. Read our guide to selling gold.
More gold prices in London
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