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Gold price hub

The UK gold price — and what it means for your gold

Gold is trading near its highest level on record. This is the honest, seller-first guide to the gold price: a real price-history chart, a value tracker, a calculator and coin-value guides. Then, when you want a figure for your own gold, ask us a question on WhatsApp.

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Gold price — latest monthly average£3,640 / troy oz£117.03 per gram · Mar 2026 · World Bank Commodity Price Data (London PM fix, 99.5% fine, monthly average)
10-year change+316%
Record monthly avg£3,697

This is the latest monthly average from published World Bank data — not a live spot price. Gold moves every few seconds. For a real, same-day figure on your own gold, message us on WhatsApp.

The gold price over time

One chart tells the story better than any sales pitch. Gold has roughly tripled in the last ten years. If you were given a gold chain, a ring or a coin years ago, it is almost certainly worth far more today than the day you received it. Drag across the chart to read any month.

£0£1,000£2,000£3,000£4,000201620182020202220242026

Gold rose +319% over the 10 years to Mar 2026 — from £868 to £3,640 per troy ounce. Monthly averages; source: World Bank Commodity Price Data (London PM fix, 99.5% fine, monthly average). Indicative — gold moves continuously and past movement is not a guide to the future.

Want the full picture? See the deep gold price history chart back to 2011, or use the gold value tracker to see what your gold would be worth now.

Indicative GoldPaid rates, by carat

A market chart shows the price of pure gold. What a seller actually needs is the rate for their carat. These are GoldPaid’s current indicative per-gram rates — a guide, last reviewed 2026-05-14. Your firm offer follows an XRF assay.

CaratFinenessIndicative rate
9ct gold375£38.07 / g
14ct gold585£59.31 / g
18ct gold750£76.14 / g
22ct gold916£92.97 / g
24ct gold999£102.51 / g
Indicative only. Final offers depend on inspection, item weight, purity, hallmarks, stones, non-precious-metal components, condition and the live precious-metal market. Your firm offer is set after an XRF assay confirms the purity and weight of your specific items.

Gold price tools & guides

What moves the gold price?

Gold has no earnings and pays no interest, so its price is set by confidence rather than cash flow. A few forces do most of the work:

  • Interest rates and inflation. When cash and bonds pay little after inflation, gold becomes relatively more attractive, and demand pushes the price up.
  • The US dollar and the pound. Gold is priced globally in dollars. A weaker pound raises the gold price in sterling even when the dollar price is flat — which is part of why the UK price has climbed so steeply.
  • Central bank buying. National central banks have been buying gold heavily in recent years, adding steady demand.
  • Uncertainty. Financial stress, conflict and political instability send investors toward gold as a store of value.

You cannot control any of this — and nor can we. What matters for you is simpler: the rate today is high by any historical measure, so the gold sitting in a drawer is worth checking.

What a record gold price means if you are selling

Most people last thought about the value of their gold years ago — when a sovereign, a broken chain or an inherited ring was worth a fraction of today’s figure. Because gold has more than doubled over the last decade, the same items are now worth considerably more. You do not need to follow the market or time it perfectly. You only need an accurate figure for what you have.

How do I find out what my gold is worth?Send a clear photo on WhatsApp and tell us roughly what you have. We give you a quick indicative figure and answer any questions — before anything is posted. If you want to go ahead, we send a free, insured, prepaid Royal Mail label. Your firm offer follows the XRF assay, and if you decline it, your items come back free of charge.

Common questions

What is the gold price today?

The most recent monthly average in our dataset is about £3,640 per troy ounce (£117.03 per gram), recorded in Mar 2026. Gold trades continuously, so the live spot price moves every few seconds. For what your specific gold is worth today, send a photo on WhatsApp — that figure reflects the carat, weight and the market on the day.

Does a higher gold price mean I get more for my gold?

Generally yes. Your offer is the fine gold content of your items valued against the market rate on the day, less our margin. When the market rate is high, the same ring or chain is worth more than it was a year ago. The gold price is near its highest level on record, so old and broken gold is worth far more now than most people expect.

Is the price on this page what GoldPaid will pay me?

No. The prices here are indicative market figures. Your firm offer is set after an XRF assay confirms the actual purity and weight of your specific items, then valued against the live precious-metal market. You see the full breakdown before you decide, with no obligation.

Where does your price history data come from?

The chart uses the World Bank Commodity Price Data series — the monthly average London afternoon fix for 99.5% fine gold, in GBP per troy ounce, covering 2011 to March 2026. These are published historical figures, not estimates.

Is now a good time to sell gold, or should I wait?

We cannot tell you that, and nobody can predict the gold price — past movement is not a guide to the future. What we can do is give you an accurate, no-obligation figure for what your gold is worth today, in writing, so you can make an informed decision. There is never any pressure either way.

Related pages

The price is high — the question is yours

Find out what your gold is worth today

Send a photo on WhatsApp for a quick indicative figure, ask anything, and request your free insured label only when you are ready. Your firm offer follows the XRF assay. No obligation.

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