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$4,377.60/ oz$140.74/ g
The current gold price in pounds sterling, with UK hallmark purity — 375, 585, 750, 916 and 999 — rather than the US karat system. Figures come from our own recorded spot price series.
Prices last updated
| Hallmark | Purity | Price per gram |
|---|---|---|
| 375 (9 carat) | 37.5% | $52.78 |
| 585 (14 carat) | 58.5% | $82.33 |
| 750 (18 carat) | 75.0% | $105.56 |
| 916 (22 carat) | 91.6% | $128.92 |
| 990 (24 carat, commemorative) | 99.0% | $139.34 |
| 999 (24 carat, fine gold) | 99.9% | $140.60 |
Melt value only, before dealer margins. Want a total for a specific weight? Use the gold value calculator.
Since the Hallmarking Act 1973, gold items sold in the UK over a small weight threshold must be independently tested and stamped by one of the four British Assay Offices — London, Birmingham, Sheffield or Edinburgh — with a fineness mark showing parts of pure gold per thousand rather than a karat figure.
375 (9 carat) is the most common standard in everyday British jewellery, chosen because it is the most affordable legal gold purity. 750 (18 carat) and 916 (22 carat) carry a higher gold content and a correspondingly higher price, with 22 carat traditionally used for wedding rings and for coins such as the gold sovereign. 999 marks fine, near-pure bullion.
The UK gold price is currently about £3,234.87 per troy ounce, or £104.00 per gram, for pure (999) gold. That is the international spot price converted to sterling — there is no separate UK market rate.
916 is the millesimal fineness mark for 22 carat gold — 91.6% pure. It is the purity most UK wedding rings and gold sovereigns are made from, and one of the five standards recognised under the UK Hallmarking Act 1973 alongside 375, 585, 750 and 999.
9 carat gold is hallmarked 375, meaning 37.5% pure. At the current price, that is about £39.00 per gram of melt value — the metal content only, before any dealer margin. 9 carat is the most common standard for everyday British jewellery.
No. Gold trades on one international market, priced in US dollars per troy ounce and set daily via the LBMA Gold Price auction in London. A UK price is simply that same figure converted to sterling at the current exchange rate. High-street jewellers and dealers then add their own margin on top.
They measure the same thing in different notation. A karat is a fraction of 24 (18 karat = 18/24 = 75% pure); a UK hallmark is that same purity written as parts per thousand, stamped by one of the four British Assay Offices. 9ct = 375, 14ct = 585, 18ct = 750, 22ct = 916, 24ct = 999. British jewellery is legally required to carry the hallmark; the karat name is just how people talk about it.