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🇬🇧 Gold Price Today in United Kingdom | £3,413
Live gold price in British Pound (GBP) — updated every 5 minutes
Last updated: Jun 17, 2026, 09:28 PM ET
Per Gram (GBP)
£109.72
Per Troy Oz (GBP)
£3,413
Per Kg (GBP)
£109,717
USD/Gold Spot
$4,319.71/oz
USD/GBP Rate
1 USD = 0.79 GBP
GBP per gram
£109.72
Gold Market in United Kingdom
London is the world's most important gold trading hub, with the LBMA (London Bullion Market Association) setting the globally recognized gold fixing price twice daily. The Bank of England holds one of the world's largest gold reserves. The Royal Mint produces the Britannia gold coin, a popular bullion investment product.
Why do people in United Kingdom buy gold?
UK investors buy gold to hedge against sterling depreciation and economic uncertainty. Gold is free from Capital Gains Tax (CGT) when buying UK legal tender gold coins like Sovereigns and Britannias — making them particularly tax-efficient investments for British investors.
Frequently Asked Questions — Gold in United Kingdom
Is gold CGT-free in the UK?
Yes — UK legal tender gold coins including the Gold Sovereign and Gold Britannia are exempt from Capital Gains Tax. This is because they are considered legal tender currency. Gold bars, however, are subject to CGT.
What is the gold price today in British Pounds?
The GBP gold price is calculated from the international USD spot price divided by the GBP/USD exchange rate. London is also home to the LBMA gold price, set twice daily and used as the global benchmark.
Is VAT charged on gold in the UK?
Investment gold (bars and coins meeting minimum purity standards) is exempt from VAT in the UK under the Investment Gold Exemption. Jewellery and collectibles do attract VAT at 20%.
Which gold coins are most popular in the UK?
The Gold Sovereign and Gold Britannia are the most popular UK bullion coins. Sovereigns weigh 7.32 grams (22K) and Britannias weigh 31.1 grams (24K). Both are CGT-free for UK residents.