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HomeUK Gold Price Today

UK Gold Price Today

Current Price
£966.40
Live High
£968.41
Live Low
£964.60
Live Change
£2.11 (0.22%)

Live metal spot prices (24 hours): 06/18/2018 21:25:04

Gold Spot Prices Today Change
Gold price per Gram £31.07 £0.07 
Gold price per Ounce £966.40 £2.11 
Gold price per Kilogram £31,070.99 £67.92 
Gold Spot Prices
Gold price per Gram £31.07 £0.07 
Gold price per Ounce £966.40 £2.11 
Gold price per Kilogram £31,070.99 £67.92 

Discover the latest spot price for gold with our real-time updates, 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 timeless 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.

Gold coins and bars

Physical gold is largely traded in either bars or 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
EUR1/4oz7,78g275,213275,151
EUR1/2oz15,55g550,427550,302
EUR1oz31,10g1.100,8541.100,603
EUR2oz62,20g2.201,7072.201,207
EUR5oz155,51g5.504,2695.503,017
EUR10oz311,04g11.008,53711.006,034
EUR12oz373,24g13.210,24513.207,241
EUR20oz622,07g22.017,07422.012,068
EUR25oz777,59g27.521,34327.515,084
EUR1,0g35,39335,385
EUR2,0g70,78770,770
EUR5,0g176,966176,926
EUR10,0g353,933353,852
EUR20,0g707,865707,704
EUR25,0g884,832884,631
EUR50,0g1.769,6631.769,261
EUR100,0g3.539,3273.538,522
EUR200,0g7.078,6547.077,044
EUR250,0g8.848,3178.846,305
EUR500,0g17.696,63517.692,610
EUR1kg35.393,26935.385,220
EUR2kg70.786,53870.770,440
EUR5kg176.966,345176.926,100
06/18/2018 21:25:10
No responsibility is taken for the correctness of this information!
Actual Gold Price in US-DollarAskBid
USD1/4oz7,78g319,793319,668
USD1/2oz15,55g639,585639,335
USD1oz31,10g1.279,1701.278,670
USD2oz62,20g2.558,3402.557,340
USD5oz155,51g6.395,8506.393,350
USD10oz311,04g12.791,70012.786,700
USD12oz373,24g15.350,04015.344,040
USD20oz622,07g25.583,40025.573,400
USD25oz777,59g31.979,25031.966,750
USD1,0g41,12641,110
USD2,0g82,25382,220
USD5,0g205,631205,551
USD10,0g411,263411,102
USD20,0g822,525822,204
USD25,0g1.028,1571.027,755
USD50,0g2.056,3142.055,510
USD100,0g4.112,6274.111,020
USD200,0g8.225,2548.222,039
USD250,0g10.281,56810.277,549
USD500,0g20.563,13520.555,098
USD1kg41.126,27041.110,195
USD2kg82.252,54082.220,390
USD5kg205.631,350205.550,975
06/18/2018 21:25:10
No responsibility is taken for the correctness of this information!
Actual Gold Price in British PoundAskBid
GBP1/4oz7,78g241,400241,350
GBP1/2oz15,55g482,800482,699
GBP1oz31,10g965,601965,398
GBP2oz62,20g1.931,2021.930,797
GBP5oz155,51g4.828,0044.826,991
GBP10oz311,04g9.656,0089.653,983
GBP12oz373,24g11.587,21011.584,779
GBP20oz622,07g19.312,01619.307,965
GBP25oz777,59g24.140,02024.134,957
GBP1,0g31,04531,038
GBP2,0g62,09062,077
GBP5,0g155,224155,191
GBP10,0g310,448310,383
GBP20,0g620,896620,766
GBP25,0g776,120775,957
GBP50,0g1.552,2391.551,914
GBP100,0g3.104,4793.103,828
GBP200,0g6.208,9576.207,655
GBP250,0g7.761,1977.759,569
GBP500,0g15.522,39315.519,138
GBP1kg31.044,78631.038,275
GBP2kg62.089,57262.076,550
GBP5kg155.223,930155.191,375
06/18/2018 21:25:10
No responsibility is taken for the correctness of this information!
Actual Gold Price in Swiss FrancAskBid
CHF1/4oz7,78g318,152317,948
CHF1/2oz15,55g636,304635,895
CHF1oz31,10g1.272,6081.271,791
CHF2oz62,20g2.545,2162.543,582
CHF5oz155,51g6.363,0396.358,954
CHF10oz311,04g12.726,07912.717,908
CHF12oz373,24g15.271,29415.261,489
CHF20oz622,07g25.452,15725.435,815
CHF25oz777,59g31.815,19631.794,769
CHF1,0g40,91540,889
CHF2,0g81,83181,778
CHF5,0g204,576204,445
CHF10,0g409,153408,890
CHF20,0g818,306817,780
CHF25,0g1.022,8821.022,226
CHF50,0g2.045,7652.044,451
CHF100,0g4.091,5294.088,902
CHF200,0g8.183,0588.177,804
CHF250,0g10.228,82310.222,256
CHF500,0g20.457,64620.444,511
CHF1kg40.915,29240.889,022
CHF2kg81.830,58481.778,044
CHF5kg204.576,460204.445,110
06/18/2018 21:25:10
No responsibility is taken for the correctness of this information!