£3,391.40
per troy ounce
24 carat, 999.9
Free Insured Delivery on all UK orders · GPS-tracked and fully insured to your door
All four metals in sterling, from the same feed our product pages, buy-back calculators and header ticker use — so the figure you see here is the figure we work from.
£3,391.40
per troy ounce
24 carat, 999.9
£50.25
per troy ounce
999 fine
£1,361.66
per troy ounce
999.5 fine
£981.72
per troy ounce
999.5 fine
Last updated · Prices move continuously through the trading week.
Charts by TradingView · Indicative market data, not our dealing price.
The spot price is where every quote starts, but it is not what you pay, and it is not what a coin is worth. Here is how the figures on this page relate to each other.
| Weight | Fine gold | Value at spot |
|---|---|---|
| 1 gram | 1 g | £109.04 |
| Troy ounce | 31.10 g | £3,391.40 |
| Sovereign | 7.32 g | £798.40 |
| 100 grams | 100 g | £10,903.59 |
| Kilo | 1,000 g | £109,035.90 |
Metal value only. A finished coin or bar costs more than this — the premium is explained below.
| Carat | Purity | Per gram | Per troy ounce |
|---|---|---|---|
| 24 carat | 99.9% | £109.04 | £3,391.40 |
| 22 carat | 91.7% | £99.95 | £3,108.79 |
| 18 carat | 75.0% | £81.78 | £2,543.55 |
| 14 carat | 58.5% | £63.61 | £1,978.34 |
| 9 carat | 37.5% | £40.89 | £1,271.77 |
Useful if you are valuing jewellery or mixed items. We buy investment-grade bullion only, but the arithmetic is the same.
Spot is the international price for pure gold, quoted per troy ounce and traded continuously across London, New York and Asia. It is the reference every dealer starts from.
It is not a price you can buy at. A finished bar or coin has to be refined or minted, distributed, insured and sold, and each of those costs sits on top.
The premium is the gap between spot and what a piece actually costs. It covers fabrication and the dealer's margin.
It is proportionally far larger on small items. Ten one-gram bars will cost noticeably more than a single ten-gram bar containing the same metal, because you are paying ten lots of minting and handling instead of one.
Two dealers can quote a similar buy price and differ sharply on what they will pay you back. The spread — the gap between the two — is the real cost of a round trip.
Ask for both figures before you commit. We publish our buy-back at 98% of spot, so you can work it out before you order rather than after.
Gold is priced globally in dollars. A sterling price therefore moves on two things: the dollar gold price, and the GBP/USD rate.
The pound weakening can push the sterling gold price up on a day when the dollar price has not moved at all. It is worth knowing before you read too much into a single day's chart.
Precious metals trade continuously from Monday morning to Friday evening. Over weekends and public holidays the markets close and the figure holds still.
A price you see on a Sunday is Friday's close, not a live quote — which is why quotes are held only briefly once trading resumes.
A one-day chart shows noise. A one-year or five-year view shows direction. Gold is generally held over years, so the longer ranges are the more useful ones.
Neither tells you what happens next. Past movement is not a forecast, and no chart makes it one.
Spot is the value of the raw metal. What you buy is a manufactured, assayed, packaged and insured item, so the price includes a premium covering minting or refining, distribution and our margin. The premium is proportionally larger on smaller pieces.
The board at the top of the page reads our live feed, which is the same source used by the header ticker, the product pages and our buy-back calculators. The charts stream from the market during trading hours. Everything holds still when the markets are closed at weekends and on public holidays.
They are much smaller markets with lower trading volume, so their charts can look flatter or step rather than flow. That is a function of liquidity, not a fault in the data.
Prices are held for a short window once you place an order, because the underlying market keeps moving. If you are buying a larger amount, call us and we will confirm the figure and how long it holds.
Investment-grade gold is exempt from VAT in the UK. Silver, platinum and palladium are charged at the standard rate of 20%. Our VAT guide sets out what qualifies.
We buy at 98% of the live spot price. There is no withdrawal fee if the metal is already in our vault. See our selling pages for the current figures by metal.
The metal value per gram is the same, but the price you pay per gram is not — premiums fall as the unit gets larger. Our guide on how much to buy explains where that stops mattering.
A troy ounce is the standard unit for precious metals and weighs 31.1035 grams, slightly more than the everyday ounce of 28.35 grams. Use the toggle at the top of this page to switch between ounces, grams and kilos.
Prices shown are indicative market data drawn from our live feed and are not a quotation. The value of precious metals can fall as well as rise, and past performance is not a reliable indicator of future results. This page is general information, not investment advice.
A live chart tells you where the market is. It will not tell you whether a bar or a coin suits you, what the spread is, or what it costs to hold. A short conversation will.
What the spread is on anything you are watching — what we sell at, and what we would buy it back for.
Which UK legal tender coins are free of Capital Gains Tax, and whether that matters at your level.
How premiums change with size, so you are not paying over the odds on small units.
Straight answers on delivery, storage and selling back.
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