Gold Price per Ounce
| Current Gold Price | £ 3,676.25 / oz |
|---|---|
| Change Today | +£ 65.39 (+1.81%) |
| Current Gold Price USD | $ 5,010.50 / oz |
| Current Gold Price EUR | € 4,223.65 / oz |
| Table last updated: 03:43:41 (UTC) | |
Popular 1oz Gold Coins
Atkinsons Bullion’s dynamic price chart refreshes every minute, providing you with the live UK gold price per ounce. Stay up-to-date with the latest spot price of gold in troy ounces, or choose to access historical data using the most accurate market information.
Track the Live Price of Gold per Ounce in the UK
The gold price per ounce is the internationally recognised benchmark for valuing gold. In the UK, the live spot price is quoted in pounds sterling (GBP) and fluctuates constantly as the global markets react to movements in supply and demand. A range of factors can influence this, including currency strength, geopolitical events, economic issues, and changes in central bank policies.
Our live chart shows the current spot price of gold per troy ounce and also provides access to historical pricing data, allowing you to track long-term trends as well as short-term movements in the price.
The Troy Ounce Explained
Gold is measured and priced using the troy ounce, a unit of weight that has been used in precious metals trading for centuries. One troy ounce is equal to 31.10 grams, which is slightly heavier than the standard (avoirdupois) ounce sometimes used for other goods.
This measurement is the global standard for most gold bullion and is often used when pricing gold bars and bullion coins.
Why the Gold Price per Ounce is Important
Most gold bullion products are valued using the gold price per troy ounce. Gold coins and bars are priced using the spot price per ounce as a base, with a premium often added to take manufacturing, business costs, delivery, and market demand into account.
Keeping track of the gold price in troy ounces allows you to make informed decisions when looking to buy or sell your gold.
Calculating the Gold Price per Ounce
The price shown on our chart displays the value of fine (24ct) gold per troy ounce. If you need to compare this with gold priced by weight in grams, you can use the following conversion:
- Gold price per ounce ÷ 31.1035 = gold price per gram
For example, if the live gold price per ounce is £3,000:
- £3,000 ÷ 31.1035 = £96.45 per gram
This conversion can be useful when comparing bullion bars of different weights or assessing smaller gold items.
Selling Gold Based on the Ounce Price
If you are looking to sell gold, the live gold price in ounces is the basis for the valuation of your bullion items. We offer a simple online process and competitive prices linked to the live gold price per ounce for gold bars and coins. View our ‘Sell to Us’ page to find out the current prices we are paying, and how to send your gold to us through the post or schedule an appointment to bring them in to our secure showroom.
Stay Informed on the Gold Price with Atkinsons Bullion
With Atkinsons, you get trusted, accurate, and up-to-date information on the gold price per ounce. This data ensures you can reliably navigate the bullion market confidently and make informed decisions each step of the way.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered financial advice. The past performance of gold prices is not indicative of future results.
