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HomeUK Gold Price Today

UK Gold Price Today

Current Price
$1,276.79
Today's High
$1,278.93
Today's Low
$1,272.58
Today's Change
$1.62 (0.13%)

Live metal spot prices (24 hours): 04/18/2019 16:31:03

Gold Spot Prices Today Change
Gold price per Gram $41.05 $0.05 
Gold price per Ounce $1,276.79 $1.62 
Gold price per Kilogram $41,050.29 $51.98 
Gold Spot Prices
Gold price per Gram $41.05 $0.05 
Gold price per Ounce $1,276.79 $1.62 
Gold price per Kilogram $41,050.29 $51.98 

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 bullion 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
EUR1/4oz7,78g283,631283,601
EUR1/2oz15,55g567,261567,201
EUR1oz31,10g1.134,5221.134,403
EUR2oz62,20g2.269,0452.268,806
EUR5oz155,51g5.672,6125.672,015
EUR10oz311,04g11.345,22311.344,030
EUR12oz373,24g13.614,26813.612,836
EUR20oz622,07g22.690,44622.688,059
EUR25oz777,59g28.363,05828.360,074
EUR1,0g36,47636,472
EUR2,0g72,95172,944
EUR5,0g182,379182,360
EUR10,0g364,757364,719
EUR20,0g729,515729,438
EUR25,0g911,893911,798
EUR50,0g1.823,7871.823,595
EUR100,0g3.647,5743.647,190
EUR200,0g7.295,1487.294,380
EUR250,0g9.118,9359.117,976
EUR500,0g18.237,87018.235,951
EUR1kg36.475,73936.471,902
EUR2kg72.951,47872.943,804
EUR5kg182.378,695182.359,510
04/18/2019 16:31:07
No responsibility is taken for the correctness of this information!
Actual Gold Price in US-DollarAskBid
USD1/4oz7,78g318,940318,875
USD1/2oz15,55g637,880637,750
USD1oz31,10g1.275,7591.275,500
USD2oz62,20g2.551,5182.551,000
USD5oz155,51g6.378,7956.377,500
USD10oz311,04g12.757,59012.755,000
USD12oz373,24g15.309,10815.306,000
USD20oz622,07g25.515,18025.510,000
USD25oz777,59g31.893,97531.887,500
USD1,0g41,01741,008
USD2,0g82,03382,017
USD5,0g205,083205,041
USD10,0g410,166410,083
USD20,0g820,332820,166
USD25,0g1.025,4151.025,207
USD50,0g2.050,8302.050,414
USD100,0g4.101,6604.100,828
USD200,0g8.203,3218.201,655
USD250,0g10.254,15110.252,069
USD500,0g20.508,30220.504,139
USD1kg41.016,60441.008,277
USD2kg82.033,20882.016,554
USD5kg205.083,020205.041,385
04/18/2019 16:31:07
No responsibility is taken for the correctness of this information!
Actual Gold Price in British PoundAskBid
GBP1/4oz7,78g0,0000,000
GBP1/2oz15,55g0,0000,000
GBP1oz31,10g0,0000,000
GBP2oz62,20g0,0000,000
GBP5oz155,51g0,0000,000
GBP10oz311,04g0,0000,000
GBP12oz373,24g0,0000,000
GBP20oz622,07g0,0000,000
GBP25oz777,59g0,0000,000
GBP1,0g0,0000,000
GBP2,0g0,0000,000
GBP5,0g0,0000,000
GBP10,0g0,0000,000
GBP20,0g0,0000,000
GBP25,0g0,0000,000
GBP50,0g0,0000,000
GBP100,0g0,0000,000
GBP200,0g0,0000,000
GBP250,0g0,0000,000
GBP500,0g0,0000,000
GBP1kg0,0000,000
GBP2kg0,0000,000
GBP5kg0,0000,000
04/18/2019 16:31:07
No responsibility is taken for the correctness of this information!
Actual Gold Price in Swiss FrancAskBid
CHF1/4oz7,78g323,096322,988
CHF1/2oz15,55g646,191645,977
CHF1oz31,10g1.292,3821.291,954
CHF2oz62,20g2.584,7642.583,908
CHF5oz155,51g6.461,9116.459,770
CHF10oz311,04g12.923,82112.919,540
CHF12oz373,24g15.508,58615.503,447
CHF20oz622,07g25.847,64325.839,079
CHF25oz777,59g32.309,55432.298,849
CHF1,0g41,55141,537
CHF2,0g83,10283,075
CHF5,0g207,755207,686
CHF10,0g415,511415,373
CHF20,0g831,021830,746
CHF25,0g1.038,7761.038,432
CHF50,0g2.077,5532.076,864
CHF100,0g4.155,1054.153,728
CHF200,0g8.310,2108.307,457
CHF250,0g10.387,76310.384,321
CHF500,0g20.775,52520.768,642
CHF1kg41.551,05041.537,284
CHF2kg83.102,10083.074,568
CHF5kg207.755,250207.686,420
04/18/2019 16:31:07
No responsibility is taken for the correctness of this information!