UK Gold Price Per Gram Today – Live 9ct 22ct 24ct Rates

Whether you’re selling a broken 9ct chain or buying 24ct bullion, knowing the exact UK gold price per gram saves real money. Several UK dealers update their rates every few seconds — and with a quick purity check, you can compare what each one will actually pay you. A spot price of £113.57 per gram for 24ct gold, reported by Mozers Fine Antiques as of 17 April 2026, is the benchmark, but dealer buy prices vary enough to make the difference between a fair deal and a poor one.

24ct Gold per Gram GBP: £114.90 · Live Gold per Gram GBP: £113.52 · 9ct to 24ct Rates: Live via London Gold Centre · 22ct Scrap per Gram: Live rates from Gold Traders · Gold per Kilo GBP: £114,903

The table below shows key price metrics sourced from live dealer feeds and tier-1 UK references.

How much is 1 gram of gold worth today in the UK?

The short answer depends entirely on two factors: the spot price and the purity of the gold in question. The LBMA (London Bullion Market Association) sets a daily benchmark that flows into every UK dealer’s pricing system. For investment-grade 24ct fine gold (99.9% pure), that benchmark translates to roughly £113.57–£114.90 per gram, depending on which dealer’s chart you check.

The distinction between spot price and dealer buy price matters enormously. Gold Traders (a UK scrap gold dealer) explains the scrap calculation this way: the price of scrap gold is calculated on weight, gold content, and the current market price. That means 1 gram of 24ct gold is worth the spot price multiplied by its purity fraction (0.999), minus whatever margin the dealer applies.

Spot vs scrap distinctions

Spot price is the live market rate for pure gold — it’s what bullion dealers pay on the open market. Scrap price is what a dealer will actually pay you when you bring gold in, and it typically runs 5–15% below spot depending on the dealer and the quantity. The Royal Mint’s gold price chart (updated automatically every 30 seconds) is one of the most reliable UK benchmarks for tracking this spread.

How much is 9ct gold in the UK per gram?

9ct gold contains 37.5% pure gold content — calculated as 9 ÷ 24 = 0.375 (Mozers Fine Antiques). To find the scrap value, multiply the current gold spot price by 0.375. That gives you the approximate pure-gold component, and the dealer then applies their margin on top.

Current 9ct scrap rates vary meaningfully between dealers. Gold Traders offers 9ct gold at £37.49 per gram, while Scrap Gold UK pays £40.07 per gram and GoldSell offers 9ct gold at £42.85 per gram. That spread of over £5 per gram is significant when you’re selling even a modest piece of jewellery.

Scrap value calculations

The Gold Calculator UK formula simplifies this: Estimated Gold Value = Weight × Purity × Gold Price per Gram. For a 5-gram 9ct ring: 5g × 0.375 × £113.57 (spot) = roughly £212.94 in pure gold value before dealer margin. Actual offers will sit below this — so the higher the dealer’s buy price, the closer you get to that theoretical value.

How much is 1 g of 22ct gold worth?

22ct gold has a purity of 91.7% — calculated as 22 ÷ 24 = 0.917 (Atkinson’s Bullion). The most common purities of scrap gold in the UK are 9ct, 14ct, 18ct, and 22ct, according to Gold Traders, so 22ct sits near the top of the market in terms of value.

Current 22ct scrap rates: Gold Traders offers 22ct gold at £91.58 per gram, Scrap Gold UK pays £97.89 per gram for 22ct, and GoldSell offers 22ct gold at £104.74 per gram. Again, the spread between the lowest and highest offer exceeds £13 per gram on a single gram of gold.

22 carat scrap rates

If you’re selling a 22ct item, multiply its weight by £91.58–£104.74 depending on which dealer you approach. For a 10-gram piece, that’s a potential spread of over £130 between dealers — enough to justify checking at least three quotes before committing to a sale.

How much is 24K gold in the UK today?

24K (24 karat) gold is 99.9% pure and represents the benchmark purity for spot price calculations in the UK market (Atkinson’s Bullion). As of the most recent data, Mozers Fine Antiques reports the 24ct fine gold spot price at £113.57 per gram, while GoldSell offers 24ct gold at £114.26 per gram.

The gap between dealers on 24ct is tighter than on lower purities, but still present: Gold Traders offers 24ct gold at £99.98 per gram while Scrap Gold UK pays £106.86 per gram for 24ct gold. The Royal Mint (the UK’s official minting authority) shows prices updating every 30 seconds, giving you a live reference point.

Pure gold spot pricing

24ct gold is the starting point for all other purity calculations. The Royal Mint reports UK gold price at £3,561.29 per troy ounce — and since one troy ounce equals approximately 31.1 grams, that works out to roughly £114.50 per gram. Atkinson’s Bullion reports the current gold price at £3,587.88 per troy ounce, which is £3.59 higher — the kind of variation you see between tier 1 and tier 2 sources.

Why is gold falling now?

Market observers have noted a recent downward pressure on gold prices despite broader geopolitical uncertainty that typically supports the metal. GoldSell (a UK gold price tracker) confirms that the LBMA spot price changes daily and forms the basis for UK dealer pricing. Daily fluctuations are normal — what matters is the trend relative to your purchase or selling decision.

On 18 April 2026, Atkinson’s Bullion reported a gold price change of +£50.50 (+1.43%) for the day — a positive movement, not a fall. BullionByPost shows current pricing at £80.00 per gram with a week high of £81.79, suggesting intraday volatility rather than sustained decline.

Market drivers despite war

Gold prices are influenced by multiple simultaneous factors: US dollar strength, interest rate expectations, central bank purchasing, and retail investment flows. Geopolitical events (including conflict) can push prices up or down depending on how investors interpret the secondary economic effects. The LBMA benchmark reflects all of these inputs in real time.

Five UK dealers, five different prices for identical gold purities — the pattern is clear across all carat weights.

This comparison shows how dealer rates diverge across purities, with BullionByPost focusing on investment-grade spot pricing while scrap dealers quote buy rates for jewellery.

The spread between the lowest and highest 9ct offer (over £5 per gram) is the most pronounced — and it narrows as purity increases, suggesting dealers apply fixed margins rather than percentage-based ones.

The purity table below summarises the standard karat-to-percentage conversions used across the UK scrap market.

“The price of scrap gold is calculated on weight, gold content, and the current market price.”

— Gold Traders (UK scrap gold dealer)

“To determine the 9ct gold price, multiply the current gold spot price by 0.375.”

— Mozers Fine Antiques (UK gold price provider)

Bottom line

For anyone selling gold in the UK today, the most consequential variable isn’t the spot price — it’s which dealer you approach. A 9ct scrap seller going to Gold Traders (£37.49/g) instead of GoldSell (£42.85/g) loses over £5 per gram. Multiply that by 20 grams of old jewellery and a seller choosing the lowest-paying dealer rather than GoldSell sacrifices more than £100 on a single transaction. The live rates are freely available — use them.