Gold Rate Today London – Live 24K & 22K Prices Per Gram

Anyone monitoring the London gold market will find prices shifting throughout the trading day as global demand, currency movements, and regional dealer premiums all influence what buyers and sellers actually pay. The London Bullion Market Association sets the benchmark spot price that UK dealers use as their reference point, but each retailer applies their own margin, meaning the rate a customer encounters can vary considerably from one source to another. Understanding where to find reliable, carat-specific pricing in pounds sterling helps both casual sellers and serious investors make informed decisions about timing and vendor choice.

This guide presents the most current available figures for 24-carat and 22-carat gold across multiple UK dealers, converts those prices to per-gram equivalents, and explains why discrepancies exist between quoted rates. All figures below reflect real-time or near-real-time data from established UK bullion sources, with clear attribution to help readers verify the information independently.

What is the gold rate today in London for 24 carat?

The 24-carat gold rate represents pure gold (99.99% purity) and forms the basis for most London-based pricing calculations. When traders and dealers refer to the “spot price,” they typically mean the unrefined 24k rate before any retail premium is added. As of the most recent data available, 24k gold in the UK commands significantly different per-gram prices depending on whether one references a dealer’s buy price, sell price, or the raw LBMA spot conversion.

Live 24k gold pricing snapshot

Why 24k prices differ between sources

The LBMA benchmark of £2,468 per troy ounce translates to roughly £79.37 per gram when divided by the standard 31.1035 grams per troy ounce. However, this figure represents the wholesale spot rate between large institutional traders. UK retail dealers add their operating margins, shipping costs, and profit margins on top of this baseline, which explains why consumer-facing prices from BullionByPost or GOLD.co.uk can exceed £109 or £120 per gram respectively. London Gold Centre, for instance, shows the highest quoted rate at £120.77 per gram, while GOLD.co.uk reflects a lower figure closer to the raw spot conversion. Buyers should also note that 24k gold attracts no VAT in the UK when purchased as an investment, keeping the final cost closer to the quoted figure without additional tax burdens.

What is today’s 22 carat gold rate in London?

Twenty-two carat gold contains 91.7% pure gold mixed with alloy metals, making it harder and more suitable for jewellery than pure 24k. UK jewellers and bullion dealers frequently quote 22k prices, and the rate tends to track 24k proportionally while remaining slightly lower per gram due to the reduced gold content. Available data shows 22k prices ranging from £100.16 to £110.63 per gram, with some sources providing additional context such as bid/ask spreads and intraday highs and lows.

22k pricing by available source

London Gold Centre quotes 22k gold at £110.63 per gram, positioning it among the higher retail rates in the UK market. GoldPriceZ reports a lower spot-based figure of £100.16 per gram with a daily change of -0.07%, along with a 7-day decline of £2.39 representing a -2.33% fall from the weekly average of £101.04. That source also provides the full trading range with an open of £100.24, a high of £101.17, and a low of £99.00 over the most recent 24-hour period. The bid price stands at £991.67 while the ask price reaches £1,011.70, illustrating the typical spread a buyer or seller would encounter. Historical records from late April 2026 show 22k gram prices fluctuating between £102.65 and £105.20, peaking at £105.20 on 19 April.

What is the UK gold price per gram today?

The UK gold price per gram varies most significantly based on three factors: the purity level (24k, 22k, 18k, or 9k), the dealer’s premium above spot, and the specific timing of the quote. Investors and sellers who want to compare rates meaningfully should always match purity levels before comparing prices, as mixing 24k and 22k figures leads to confusing conclusions. The most actively quoted purities in the UK market are 24k for investment-grade bullion, 22k for jewellery and semi-investment products, and 18k for everyday jewellery.

Comparing purities side by side

When breaking down pricing by purity, the relationship between 24k, 22k, and 18k follows approximately the ratio of their gold content. The 24k price multiplied by 0.917 gives a rough 22k equivalent, while multiplying 24k by 0.75 approximates 18k. However, dealers apply different premiums to each purity level based on demand patterns and manufacturing costs, so these ratios serve only as general estimates rather than guaranteed conversion formulas. For anyone comparing prices across multiple dealers, requesting quotes for the same purity level and quantity provides the most accurate comparison.

What is the current gold price for 10 grams in London?

Ten grams represents a popular quantity for buyers purchasing gold jewellery, small bullion bars, or reselling accumulated gold items. Prices for this quantity scale directly from per-gram rates, though some dealers offer volume discounts or minimum order premiums that slightly affect the per-unit cost. Converting from the documented per-gram figures, a standard 10-gram purchase of 24k gold could cost approximately £1,209 to £2,415 depending on the dealer selected, while 22k gold for the same quantity ranges around £1,001 to £1,106 based on available spot and retail quotes.

How have London gold prices moved in the past 24 hours?

Gold markets operate around the clock, with London fixing prices twice daily and global markets continuing to trade through Asian, European, and American sessions. The most recent 24-hour data from UK dealers shows modest declines at the ounce level for 24k gold, with BullionByPost recording a drop of £4.37 (-0.13%) and a weekly decline of £0.96 per gram representing a -1.19% fall. Monthly performance remains positive at +4.03%, suggesting that despite short-term weakness, the trend over weeks and months continues upward. For 22k gold, GoldPriceZ documents a daily decline of -0.07% with a more pronounced weekly loss of £2.39, indicating the 22k market has experienced slightly harder selling pressure recently than the 24k benchmark.

Key intraday metrics

• 24k daily change: -£4.37 per ounce (-0.13%)
• 24k weekly change: -£0.96 per gram (-1.19%)
• 22k daily change: -0.07%
• 22k weekly change: -£2.39 (-2.33%)
• 22k 24h trading range: £99.00–£101.17 per gram
• Royal Mint yearly high recorded: £4,068.11 per ounce

What is confirmed versus uncertain in today’s London gold market?

What factors influence London gold pricing?

Several interconnected forces determine where London gold prices settle at any given moment. The LBMA benchmark itself responds to international spot trading, primarily denominated in US dollars, which means the GBP/USD exchange rate directly affects the pound sterling equivalent of gold prices. When the dollar strengthens against sterling, UK gold prices in pounds tend to fall even if the underlying dollar price remains constant. Geopolitical events, inflation concerns, central bank purchasing activity, and overall investor sentiment toward safe-haven assets also contribute to price movements. Locally, UK dealer premiums and demand for jewellery in the British market add additional layers above the international spot rate.

• GBP/USD exchange rate fluctuations
• International spot gold trading on COMEX/LBMA
• Central bank gold purchases globally
• UK jewellery demand and retail premiums
• Economic uncertainty driving safe-haven flows

Where do these London gold prices come from?

The figures presented throughout this article draw from a combination of official and commercial sources that collectively provide a comprehensive view of the London gold market. The London Bullion Market Association serves as the primary institutional benchmark through its twice-daily gold fixing process, with its live pricing feeds available directly through the LBMA website. Commercial dealers including BullionByPost, GOLD.co.uk, London Gold Centre, and Atkinsons Bullion contribute retail-facing price quotes that reflect actual buy/sell conditions. The Royal Mint publishes its own gold price tracking data alongside the LBMA benchmark, while GoldPriceZ aggregates multiple sources to provide comparative rates across purities and vendors. For a broader international perspective, Kitco offers live gold charts tracking the US dollar market that indirectly influences UK pricing through currency conversion. Combining these sources provides readers with both the institutional foundation and the practical retail reality of London’s gold market.

“The LBMA gold price serves as the primary benchmark for over-the-counter gold transactions globally, providing the reference rate upon which billions of dollars of contracts are settled daily.”

London Bullion Market Association

Summary

Today’s London gold market presents a complex picture where the same purity of gold can carry dramatically different price tags depending on the vendor, timing, and whether one references spot or retail rates. For 24-carat gold, per-gram prices ranging from £79.91 to £120.77 reflect the gap between raw LBMA spot conversion and fully loaded retail quotes. Twenty-two carat gold trades between £100.16 and £110.63 per gram, with the typical buyer/seller spread adding approximately 2% to the midpoint price. For investors comparing opportunities across different markets, understanding how currency movements and dealer premiums create these discrepancies proves essential for making cost-effective decisions. Those interested in tracking broader commodity markets may find the Jubilee Metals Share Price analysis useful, while anyone monitoring currency impacts alongside gold movements should review the Pound to Turkish Lira comparisons for additional context on emerging market dynamics that occasionally ripple into precious metals pricing.

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