Live Gold Price Today – Spot Gold Price Chart

Track the Price of Gold Today

Keep track of the price of gold in the bullion market with Atkinsons Bullion’s live Gold Price Chart. This dynamic tool refreshes every minute, offering real-time updates on the gold spot price.

Gold Price Per Ounce, Per Gram, and in Other Currencies

The chart displays the price of 24 carat (99.99% pure) gold per troy ounce in pounds sterling (GBP). You can also customise it to display the gold price per gram and in other currencies. This includes US dollars (USD) and euros (EUR).

The gold price shown reflects the spot price – the rate most commonly used by bullion dealers. Key international markets influence this.

These markets include the London Bullion Market Association (LBMA). They also include COMEX in New York, TOCOM in Tokyo, and the Shanghai Gold Exchange. Smaller exchanges in India, Singapore, Istanbul, and Moscow also contribute to global gold pricing.

Customise the Chart to Explore Trends

You can easily change the chart’s timeframe to view the historical performance of gold. This allows you to spot trends and compare changes in the gold price over hours, days, weeks, months, or years. The system clearly displays highs, lows, and changes over your selected period, helping you make informed decisions.

Traders trade gold from Monday to Friday, and the market typically closes between 22:00 and 23:00 GMT. Prices remain static during weekends and bank holidays, which is why the chart may show a flat line during these times.

Calculating the Gold Price by Purity

Gold is priced based on 24 carat (999.9 purity) fine gold. The price of pure (24ct) gold is displayed on our live gold price chart.

To work out the value of other carats, such as 9ct, 18ct, or 22ct, follow these steps:

• Know the Carat Weight: Find the carat (ct or k) value of your gold – such as 9ct, 18ct, or 22ct.
• Calculate the Purity: Divide the carat number by 24 to get the purity percentage. (e.g. 9 ÷ 24 = 37.5% pure gold)
• Check the Current Fine Gold Price: Check the current fine gold price shown in our chart. For example, we will use £2,400 per troy ounce for fine gold.
• Calculate the Price per Ounce: This is done by multiplying the current fine gold price by the purity percentage.

 For 22 Carat Gold:

Purity: 91.7% (22 divided by 24).
To find the gold price per ounce UK for 22ct, multiply the fine gold price by the purity percentage:
£2,400 (current fine gold price) x 0.917 (purity) = £2,200.80 per troy ounce.

For 18 Carat Gold:

Purity: 75% (18 divided by 24).
To find the 18ct gold price per ounce, multiply the fine gold price by the purity percentage:
£2,400 x 0.75 = £1,800.00 per troy ounce.

 For 9 Carat Gold:

Purity: 37.5% (9 divided by 24).
To find the 9ct gold price per ounce, multiply the fine gold price by the purity percentage:
£2,400 x 0.375 = £900.00 per troy ounce.

This method can give you a quick estimate the value of your gold based on the live fine gold price. To learn how much an item is worth or if you're considering selling your gold, this can be a helpful starting point.

Sell Your Gold with Confidence

Looking to sell your gold? Atkinsons Bullion offers competitive rates for your gold coins, gold bars, and gold jewellery in any condition. Visit our ‘Sell to Us’ page to learn how to post your items to us securely, or book a visit to our showroom.

What Determines the Gold Price?

A range of factors can have an impact on the price of gold, including:

Supply and demand

An increase or decrease in the demand for gold can impact its price due to the metal being a finite resource.

Economic factors

Inflation and interest rates can have an impact on the price of gold. Historically, gold often increases in value during high inflation or low interest rate periods. This happens as people seek to protect their money's value. In more stable economic conditions, gold demand may drop - lowering prices.

Currency strength

Gold is primarily globally traded in US dollars. A weaker dollar can make gold cheaper for buyers using other currencies. This often increases demand and raises the price. A stronger dollar can have the opposite effect.

Geopolitical instability

Political unrest, conflict, or significant global events often lead to increased demand for gold as a safe-haven asset. This surge in demand typically drives prices higher.

Our gold price chart can display whether the price of gold is going up or down in a given timeframe. Historically, gold has shown significant long-term growth:

• From January 2020 to January 2025, gold rose by around 83%.
• Over a 20-year period from 2005 to 2025, the increase was more than 811%.

Gold Price History: Notable Rises Over Time

Historical highlights in the gold price include:

• 1931–1934: During the Great Depression, the price of gold rose sharply, increasing by 67%. People turned to gold as a safe-haven asset amid economic turmoil.
• 1970s: UK inflation drove gold from £14.54 to £288.11 by 1980 - a rise of almost 2,000%.
• 2008-2011: During the global financial crisis and recession, the price of gold rose from £491 in October 2008 to £1,049 in October 2011. This represents an increase of about 113%.
• 2020: During the COVID-19 pandemic, gold reached record highs. Investors looked for stability after the crisis caused major economic disruptions and social uncertainty.

While no one can predict the market, gold has repeatedly proven to retain value over time. As we consider the future, several factors will influence its direction. These include global policies, inflation, changes in currency, and significant world events. Trust Atkinsons for accurate live gold price updates and reliable insights into the gold market.