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HomeUK Gold Price Today

UK Gold Price Today

Current Price
£950.63
Today's High
£951.19
Today's Low
£948.98
Today's Change
£1.35 (0.14%)

Live metal spot prices (24 hours): 10/24/2018 05:10:06

Gold Spot Prices Today Change
Gold price per Gram £30.56 £0.04 
Gold price per Ounce £950.63 £1.35 
Gold price per Kilogram £30,564.04 £43.43 
Gold Spot Prices
Gold price per Gram £30.56 £0.04 
Gold price per Ounce £950.63 £1.35 
Gold price per Kilogram £30,564.04 £43.43 

Track the latest spot price for gold with our real-time updates 24 hours a day and track the London Bullion Market Association (LBMA) gold price, which is updated twice daily and widely considered to be the industry benchmark. 

View our gold price charts quickly, access the data you need, and find out about the different factors which can affect the price of gold. As one of the UK’s leading precious metal dealers, CoinInvest.com are committed to providing you with everything you need to know about this safe haven commodity, to help you make informed investment decisions.

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Gold Prices: Industry Overview

The popularity of gold as an investment is largely down to its status as a universal finite currency, which the majority of the world’s central banks hold. It’s this universal appeal that can make gold a solid addition to your investment portfolio, and one that many see as a way to ensure wealth preservation by passing it down through generations. 

It should be noted that, while gold has been known to hold its value even in the face of economic downturn, like any investment it can be unpredictable and will always fluctuate in price.

The majority of physical gold is bought and sold in over-the-counter trading (OTC),which means it is bought and sold via a dealer network, rather than a centralized exchange. The price of gold in the UK fluctuates daily, in-line with the exchange rate of the British Pound and Euro – this is known as the gold ‘spot price.’

The London Bullion Market Association (LBMA)

However, the true benchmark of gold and silver pricing is set by the London Bullion Market Association (LBMA) twice daily, usually at 10:30 and 15:00 GBT. The LBMA are an international trade association, who have a global client base which includes private sector investors, most of the gold-holding central banks, as well as mining firms, producers and refiners.

As well as setting the price of gold, the LBMA also set the standard for gold quality (or ‘good delivery’ standard),which includes a minimum purity of 99.5%. The twice daily fixed prices, however, is always based on pure gold.

Buying gold - coins and bars

Physical gold is largely traded in either gold bars or gold coins, with bullion coins usually coming in at a slightly higher price tag. This is due not only to the costs associated with production, but the fact that they are collectible, with coins released to commemorate events such as the turning of the Millennium and the anniversary of The US Mint.

These gold coins are minted in a variety of countries, but most tend to originate in the UK, the US, Canada, Australia, China, and South Africa. The most popular and widely traded coin currency is the British gold sovereign, which also happens to be exempt from capital gains tax. 
Some of the other most famous gold coins include the Gold Eagle (USA),Maple Leaf (Canada),Krugerrands (South Africa),Gold Panda (China) and Vienna Philharmonic (Austria).

In terms of weight, most bullion coins are minted in 1/10oz, 1/4oz, 1/2oz, and 1oz sizes, but are sometimes available in larger 2oz, 10oz, or even 1 kilo sizes. Bullion bars on the other hand are available as parts of an ounce, multiples of one troy ounce, grams, or kilograms, and again as parts or multiples of these units of weight. 

Monitoring gold price charts

The Coin Invest Gold Price Chart can be used to view the historic price of gold, with the data available to view in four different timeframes; 1 day, 1 month, 1 year, and back to historic gold price charts. You can view the prices either by grams, kilos, or ounces, allowing you to view the price you need in the timeframe of your choice, which is useful in helping you analyse historic data to aid your investment decision.

What can impact the price of gold?

Like most commodities, the price of gold often comes down to supply and demand. And, as it is used today in the manufacturing of electronics and medical devices as well as jewellery and investment, it is a precious metal that is very much in demand. However, the price of gold still fluctuates, and this can be linked to several different factors, including:

Interest rates

Gold does not pay out interest, and so you effectively lose out on interest you could’ve earned had you invested in cash instead – this is known as ‘opportunity cost.’ That said, interest rates and the cost of gold are not always in sync, as while they often rise and fall together, they can also move in opposite directions.

The stock market

The price of gold tends to move in the opposite direction to the stock market, and does so just less than 50% of the time. If you compare the 12-month interaction between gold and the S&P 500 Index over the last five decades, it averages at zero. This is why gold can help in building a more stable investment portfolio that doesn’t rely upon stocks and share alone, as investors can minimise the risk of all their assets rising and falling simultaneously.

The US dollar

The US dollar is often used as a benchmark in quoting natural resources, and gold is no different. While a weak dollar has been known to make the price of gold rise approximately 60% of the time, it does not always work out like this, and in recent years we have seen gold increase in worth alongside the dollar.

How to invest in gold?

While we firmly believe in the strength of gold as part of any asset portfolio, we are aware it is not an investment to be taken lightly. If you would like to discuss the potential of including gold or other precious metals in your investment portfolio, get in touch and we will do our best to answer your questions.

Actual Gold Price in EuroAskBid
EUR1/4oz7,78g268,955268,898
EUR1/2oz15,55g537,910537,796
EUR1oz31,10g1.075,8201.075,593
EUR2oz62,20g2.151,6392.151,185
EUR5oz155,51g5.379,0985.377,963
EUR10oz311,04g10.758,19510.755,927
EUR12oz373,24g12.909,83512.907,112
EUR20oz622,07g21.516,39121.511,853
EUR25oz777,59g26.895,48926.889,816
EUR1,0g34,58834,581
EUR2,0g69,17769,162
EUR5,0g172,942172,906
EUR10,0g345,884345,811
EUR20,0g691,768691,622
EUR25,0g864,710864,528
EUR50,0g1.729,4201.729,055
EUR100,0g3.458,8403.458,111
EUR200,0g6.917,6806.916,221
EUR250,0g8.647,1008.645,277
EUR500,0g17.294,20117.290,554
EUR1kg34.588,40134.581,107
EUR2kg69.176,80269.162,214
EUR5kg172.942,005172.905,535
10/24/2018 05:10:04
No responsibility is taken for the correctness of this information!
Actual Gold Price in US-DollarAskBid
USD1/4oz7,78g308,403308,303
USD1/2oz15,55g616,805616,605
USD1oz31,10g1.233,6101.233,210
USD2oz62,20g2.467,2202.466,420
USD5oz155,51g6.168,0506.166,050
USD10oz311,04g12.336,10012.332,100
USD12oz373,24g14.803,32014.798,520
USD20oz622,07g24.672,20024.664,200
USD25oz777,59g30.840,25030.830,250
USD1,0g39,66139,649
USD2,0g79,32379,297
USD5,0g198,307198,243
USD10,0g396,615396,486
USD20,0g793,230792,972
USD25,0g991,537991,216
USD50,0g1.983,0741.982,431
USD100,0g3.966,1483.964,862
USD200,0g7.932,2967.929,724
USD250,0g9.915,3719.912,156
USD500,0g19.830,74119.824,311
USD1kg39.661,48239.648,622
USD2kg79.322,96479.297,244
USD5kg198.307,410198.243,110
10/24/2018 05:10:04
No responsibility is taken for the correctness of this information!
Actual Gold Price in British PoundAskBid
GBP1/4oz7,78g237,540237,499
GBP1/2oz15,55g475,079474,998
GBP1oz31,10g950,159949,997
GBP2oz62,20g1.900,3171.899,994
GBP5oz155,51g4.750,7934.749,985
GBP10oz311,04g9.501,5879.499,969
GBP12oz373,24g11.401,90411.399,963
GBP20oz622,07g19.003,17318.999,938
GBP25oz777,59g23.753,96723.749,923
GBP1,0g30,54830,543
GBP2,0g61,09761,086
GBP5,0g152,742152,716
GBP10,0g305,483305,431
GBP20,0g610,966610,862
GBP25,0g763,708763,578
GBP50,0g1.527,4161.527,156
GBP100,0g3.054,8313.054,311
GBP200,0g6.109,6626.108,622
GBP250,0g7.637,0787.635,778
GBP500,0g15.274,15515.271,555
GBP1kg30.548,31030.543,110
GBP2kg61.096,62061.086,220
GBP5kg152.741,550152.715,550
10/24/2018 05:10:04
No responsibility is taken for the correctness of this information!
Actual Gold Price in Swiss FrancAskBid
CHF1/4oz7,78g306,864306,702
CHF1/2oz15,55g613,727613,405
CHF1oz31,10g1.227,4541.226,810
CHF2oz62,20g2.454,9092.453,619
CHF5oz155,51g6.137,2716.134,048
CHF10oz311,04g12.274,54312.268,096
CHF12oz373,24g14.729,45114.721,716
CHF20oz622,07g24.549,08624.536,193
CHF25oz777,59g30.686,35730.670,241
CHF1,0g39,46439,443
CHF2,0g78,92778,886
CHF5,0g197,318197,214
CHF10,0g394,636394,428
CHF20,0g789,271788,857
CHF25,0g986,589986,071
CHF50,0g1.973,1791.972,142
CHF100,0g3.946,3573.944,285
CHF200,0g7.892,7147.888,569
CHF250,0g9.865,8939.860,712
CHF500,0g19.731,78619.721,423
CHF1kg39.463,57139.442,846
CHF2kg78.927,14278.885,692
CHF5kg197.317,855197.214,230
10/24/2018 05:10:04
No responsibility is taken for the correctness of this information!