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HomeUK Gold Price Today

UK Gold Price Today

Current Price
$1,249.84
Today's High
$1,252.08
Today's Low
$1,249.84
Today's Change
$-1.54 (-0.12%)

Live metal spot prices (24 hours): 12/19/2018 02:40:04

Gold Spot Prices Today Change
Gold price per Gram $40.18 $-0.05 
Gold price per Ounce $1,249.84 $-1.54 
Gold price per Kilogram $40,183.99 $-49.54 
Gold Spot Prices
Gold price per Gram $40.18 $-0.05 
Gold price per Ounce $1,249.84 $-1.54 
Gold price per Kilogram $40,183.99 $-49.54 

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
EUR1/4oz7,78g274,401274,344
EUR1/2oz15,55g548,802548,689
EUR1oz31,10g1.097,6031.097,377
EUR2oz62,20g2.195,2062.194,754
EUR5oz155,51g5.488,0165.486,885
EUR10oz311,04g10.976,03210.973,770
EUR12oz373,24g13.171,23813.168,524
EUR20oz622,07g21.952,06421.947,541
EUR25oz777,59g27.440,08027.434,426
EUR1,0g35,28935,281
EUR2,0g70,57870,563
EUR5,0g176,444176,407
EUR10,0g352,888352,815
EUR20,0g705,775705,630
EUR25,0g882,219882,037
EUR50,0g1.764,4381.764,075
EUR100,0g3.528,8763.528,149
EUR200,0g7.057,7527.056,298
EUR250,0g8.822,1918.820,373
EUR500,0g17.644,38117.640,745
EUR1kg35.288,76235.281,490
EUR2kg70.577,52470.562,980
EUR5kg176.443,810176.407,450
12/19/2018 02:40:06
No responsibility is taken for the correctness of this information!
Actual Gold Price in US-DollarAskBid
USD1/4oz7,78g312,205312,105
USD1/2oz15,55g624,410624,210
USD1oz31,10g1.248,8201.248,420
USD2oz62,20g2.497,6402.496,840
USD5oz155,51g6.244,1006.242,100
USD10oz311,04g12.488,20012.484,200
USD12oz373,24g14.985,84014.981,040
USD20oz622,07g24.976,40024.968,400
USD25oz777,59g31.220,50031.210,500
USD1,0g40,15040,138
USD2,0g80,30180,275
USD5,0g200,752200,688
USD10,0g401,505401,376
USD20,0g803,010802,753
USD25,0g1.003,7621.003,441
USD50,0g2.007,5252.006,882
USD100,0g4.015,0504.013,764
USD200,0g8.030,0998.027,527
USD250,0g10.037,62410.034,409
USD500,0g20.075,24820.068,818
USD1kg40.150,49540.137,635
USD2kg80.300,99080.275,270
USD5kg200.752,475200.688,175
12/19/2018 02:40:06
No responsibility is taken for the correctness of this information!
Actual Gold Price in British PoundAskBid
GBP1/4oz7,78g246,619246,579
GBP1/2oz15,55g493,238493,158
GBP1oz31,10g986,476986,316
GBP2oz62,20g1.972,9531.972,633
GBP5oz155,51g4.932,3824.931,582
GBP10oz311,04g9.864,7659.863,163
GBP12oz373,24g11.837,71711.835,796
GBP20oz622,07g19.729,52919.726,326
GBP25oz777,59g24.661,91124.657,908
GBP1,0g31,71631,711
GBP2,0g63,43263,422
GBP5,0g158,580158,554
GBP10,0g317,160317,108
GBP20,0g634,319634,216
GBP25,0g792,899792,770
GBP50,0g1.585,7981.585,540
GBP100,0g3.171,5953.171,081
GBP200,0g6.343,1916.342,161
GBP250,0g7.928,9897.927,701
GBP500,0g15.857,97715.855,403
GBP1kg31.715,95431.710,805
GBP2kg63.431,90863.421,610
GBP5kg158.579,770158.554,025
12/19/2018 02:40:06
No responsibility is taken for the correctness of this information!
Actual Gold Price in Swiss FrancAskBid
CHF1/4oz7,78g309,982309,820
CHF1/2oz15,55g619,964619,641
CHF1oz31,10g1.239,9281.239,282
CHF2oz62,20g2.479,8572.478,563
CHF5oz155,51g6.199,6426.196,408
CHF10oz311,04g12.399,28412.392,816
CHF12oz373,24g14.879,14114.871,379
CHF20oz622,07g24.798,56824.785,631
CHF25oz777,59g30.998,21030.982,039
CHF1,0g39,86539,844
CHF2,0g79,72979,688
CHF5,0g199,323199,219
CHF10,0g398,646398,438
CHF20,0g797,292796,877
CHF25,0g996,616996,096
CHF50,0g1.993,2311.992,191
CHF100,0g3.986,4623.984,383
CHF200,0g7.972,9257.968,765
CHF250,0g9.966,1569.960,957
CHF500,0g19.932,31219.921,914
CHF1kg39.864,62439.843,827
CHF2kg79.729,24879.687,654
CHF5kg199.323,120199.219,135
12/19/2018 02:40:06
No responsibility is taken for the correctness of this information!