Gold 4,099.90 $/oz ▼ (-0.95%) Gold 24K 131.81 $/g Silver 52.40 $/oz ▼ (-1.66%) Platinum 1,527 $/oz EUR/USD 1.1237

Gold price per troy ounce in London

On November 5, 2026, one troy ounce of 24K gold in London is worth 3,043.42 GBP; 22K is 2,787.77 GBP and 18K is 2,282.57 GBP.

24K · per troy ounce 3,043.42 GBP ▼ (-0.95%)

Live · Updated

Price per troy ounce in GBP by karat

KaratPer troy ounceBuy (bid) / gramSell (ask) / gram
24K9993,043.4295.8999.81
22K9162,787.7787.8491.42
21K8752,662.9983.9087.33
18K7502,282.5771.9274.85
14K5851,780.4056.1058.39
10K4171,269.1139.9941.62
9K3751,141.2835.9637.43

Spot prices exclude dealer margins and taxes. Adjust these to estimate what a shop will pay (buy) or charge (sell).

About this unit

Gold is priced internationally per troy ounce, which equals 31.1035 grams — about 10% heavier than the ordinary (avoirdupois) ounce of 28.35 g.

Other units: gramtolakilogram

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GBP exchange rate

1 USD0.7423 GBP
1 EUR0.8341 GBP

All GBP exchange rates · Silver price in London

Gold spot price trend (USD/oz)

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How the gold price in London is calculated

We take the live spot price of 4,099.90 USD per troy ounce, divide it by 31.1035 to get 131.81 USD per gram of pure gold, and multiply by today’s exchange rate of 0.7423 GBP per dollar. That gives 97.85 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

24K gold22K gold21K gold18K gold14K gold10K gold9K gold Per gramPer troy ouncePer tolaPer kilogram

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Frequently asked questions

What is the 24K gold price in London today?
Today 24K gold in London costs about 97.85 GBP per gram, 1,141.28 GBP per tola and 3,043.42 GBP per troy ounce, before dealer margins and taxes.
How much is 22K gold per gram in London?
22K gold is 91.6% pure, so one gram is worth about 89.63 GBP at today’s spot price. A jeweler will usually pay a little less when buying and charge more when selling.
Which currency is gold priced in for London?
Local prices are shown in GBP. They are converted from the international US-dollar spot price at the current GBP/USD exchange rate.
Does this price include tax or making charges?
No. The figures are the value of the gold content only. Use the spread and making-charge fields above to estimate a retail price.