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HomeUK Gold Price Today

UK Gold Price Today

Current Price
£938.03
Live High
£938.64
Live Low
£934.53
Live Change
£1.10 (0.12%)

Live metal spot prices (24 hours): 08/14/2018 16:13:03

Gold Spot Prices Today Change
Gold price per Gram £30.16 £0.04 
Gold price per Ounce £938.03 £1.10 
Gold price per Kilogram £30,158.86 £35.37 
Gold Spot Prices
Gold price per Gram £30.16 £0.04 
Gold price per Ounce £938.03 £1.10 
Gold price per Kilogram £30,158.86 £35.37 

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
EUR1/4oz7,78g262,863262,798
EUR1/2oz15,55g525,727525,595
EUR1oz31,10g1.051,4541.051,190
EUR2oz62,20g2.102,9082.102,380
EUR5oz155,51g5.257,2705.255,951
EUR10oz311,04g10.514,53910.511,901
EUR12oz373,24g12.617,44712.614,282
EUR20oz622,07g21.029,07821.023,803
EUR25oz777,59g26.286,34826.279,753
EUR1,0g33,80533,797
EUR2,0g67,61067,593
EUR5,0g169,025168,983
EUR10,0g338,050337,965
EUR20,0g676,101675,931
EUR25,0g845,126844,914
EUR50,0g1.690,2511.689,827
EUR100,0g3.380,5033.379,655
EUR200,0g6.761,0066.759,309
EUR250,0g8.451,2578.449,137
EUR500,0g16.902,51416.898,274
EUR1kg33.805,02833.796,547
EUR2kg67.610,05667.593,094
EUR5kg169.025,140168.982,735
08/14/2018 16:13:06
No responsibility is taken for the correctness of this information!
Actual Gold Price in US-DollarAskBid
USD1/4oz7,78g299,218299,093
USD1/2oz15,55g598,435598,185
USD1oz31,10g1.196,8701.196,370
USD2oz62,20g2.393,7402.392,740
USD5oz155,51g5.984,3505.981,850
USD10oz311,04g11.968,70011.963,700
USD12oz373,24g14.362,44014.356,440
USD20oz622,07g23.937,40023.927,400
USD25oz777,59g29.921,75029.909,250
USD1,0g38,48038,464
USD2,0g76,96176,928
USD5,0g192,401192,321
USD10,0g384,803384,642
USD20,0g769,605769,284
USD25,0g962,007961,605
USD50,0g1.924,0131.923,209
USD100,0g3.848,0263.846,419
USD200,0g7.696,0537.692,838
USD250,0g9.620,0669.616,047
USD500,0g19.240,13219.232,094
USD1kg38.480,26438.464,188
USD2kg76.960,52876.928,376
USD5kg192.401,320192.320,940
08/14/2018 16:13:06
No responsibility is taken for the correctness of this information!
Actual Gold Price in British PoundAskBid
GBP1/4oz7,78g234,289234,235
GBP1/2oz15,55g468,578468,470
GBP1oz31,10g937,156936,941
GBP2oz62,20g1.874,3121.873,881
GBP5oz155,51g4.685,7804.684,703
GBP10oz311,04g9.371,5609.369,405
GBP12oz373,24g11.245,87211.243,286
GBP20oz622,07g18.743,11918.738,811
GBP25oz777,59g23.428,89923.423,513
GBP1,0g30,13030,123
GBP2,0g60,26160,247
GBP5,0g150,651150,617
GBP10,0g301,303301,233
GBP20,0g602,605602,467
GBP25,0g753,257753,083
GBP50,0g1.506,5131.506,167
GBP100,0g3.013,0263.012,334
GBP200,0g6.026,0536.024,668
GBP250,0g7.532,5667.530,835
GBP500,0g15.065,13215.061,669
GBP1kg30.130,26430.123,338
GBP2kg60.260,52860.246,676
GBP5kg150.651,320150.616,690
08/14/2018 16:13:06
No responsibility is taken for the correctness of this information!
Actual Gold Price in Swiss FrancAskBid
CHF1/4oz7,78g296,635296,437
CHF1/2oz15,55g593,271592,873
CHF1oz31,10g1.186,5411.185,746
CHF2oz62,20g2.373,0822.371,492
CHF5oz155,51g5.932,7055.928,731
CHF10oz311,04g11.865,41011.857,462
CHF12oz373,24g14.238,49214.228,955
CHF20oz622,07g23.730,82023.714,925
CHF25oz777,59g29.663,52529.643,656
CHF1,0g38,14838,123
CHF2,0g76,29676,245
CHF5,0g190,741190,613
CHF10,0g381,482381,226
CHF20,0g762,964762,453
CHF25,0g953,704953,066
CHF50,0g1.907,4091.906,131
CHF100,0g3.814,8183.812,263
CHF200,0g7.629,6367.624,525
CHF250,0g9.537,0459.530,657
CHF500,0g19.074,09019.061,313
CHF1kg38.148,17938.122,626
CHF2kg76.296,35876.245,252
CHF5kg190.740,895190.613,130
08/14/2018 16:13:06
No responsibility is taken for the correctness of this information!