How Much Is Gold Per Gram?

As of today, the price of 24ct gold is £99.28 per gram. This live gold price reflects the current spot rate on the global market, updated continuously as trades occur. In other words, if you sold 1 gram of pure gold right now, it would be worth £99.28. Below, we’ll break down what this means for different gold purities (carats) and answer related questions.

How Much Is Gold Per Gram?

Right now, pure gold (24ct) trades at £99.28 per gram. This live price is the gold spot price, meaning it’s based on real-time trading on commodity markets. For example, live gold price per troy ounce is £3,088.06 per troy ounce – that works out to £99.28 per gram (since 1 troy oz = 31.1035 g).

Live gold price simply means it moves constantly with market supply and demand (often updated hourly on price charts). It’s the price you’d get today if you sold gold to a bullion dealer. Note that gold jewellery usually isn’t pure 24ct gold. Lower-purity gold (measured in carats) is worth less per gram, because it contains less gold. We’ll discuss those next.

How Much Is 1g Of Gold Worth

Gold jewellery and even gold coins often come in various carats (purity levels). Here are the live price per gram for each common carat, using today’s live gold spot price:

• 9ct gold: (37.5% pure): £37.23 per gram based on the live gold price as of today.
• 10ct gold: (41.7% pure): £41.37 per gram based on the live gold price as of today.
• 14ct gold: (58.3% pure): £57.92 per gram based on the live gold price as of today.
• 18ct gold: (75% pure): £74.46 per gram based on the live gold price as of today.
• 21ct gold: (87.5% pure): £86.87 per gram based on the live gold price as of today.
• 22ct gold: (≈91.7% pure): £91.01 per gram based on the live gold price as of today.
• 24ct gold: (100% pure): £99.28 per gram based on the live gold price as of today.

(As a rule of thumb, multiply the 24ct gold price by the purity percentage to estimate other carats.) For example, if 24ct is £99.28/g, then 18ct (75% purity) is roughly 0.75×£99.28/g.

What Is The Gold Price As Of Today?

Gold is commonly quoted by the troy ounce: a traditional unit equal to 31.1035 grams. The London market price for 24ct gold today is £3,088.06 per troy ounce​. Since one troy ounce is 31.1 g, this means gold is £99.28 per gram based on the live gold price as of today. The troy ounce has been the standard weight for precious metals in global trading (used by the LBMA and COMEX), which is why gold is quoted this way.

In summary, the current spot price of gold is £3,088.06/oz (≈ £99.28/g). Traders and gold buyers reference this figure continuously. Because 1 troy ounce is 31.1035 g, you can always convert between per-ounce and per-gram prices (1 kg of gold would be about £99,283.30 at £3,088.06/oz).

Scrap Gold Price Calculator

GoldSell provides an online scrap gold calculator so sellers can estimate their item’s value before sending it in. Using the live gold spot price, our calculator lets you input the weight and carat of your gold items to get an instant quote. We are the UK’s highest-paying online gold buyer and pay closer to the spot price than other online gold buyers thanks to our lower overheads and our ability to melt scrap gold directly.

Using our scrap gold price calculator is simple. Enter your gold’s weight and purity, and it will return a quick estimated price for your items. We provide a free, discreet and fully insured Royal Mail envelope in our Gold Selling Pack so you can send your gold to us securely in the post. The final offer will be based on the real-time spot price at valuation time, ensuring transparency and fairness.

Gold Price Forecast

Analysts generally expect gold to remain strong in 2025. For example, Bloomberg reports Goldman Sachs forecasting around $3,300/oz (by year-end 2025), while RBC Capital Markets sees about $2,823/oz. ANZ Bank is even more bullish, projecting roughly $3,600/oz next year. Overall, forecasts span a wide range – one forecast model sees gold averaging $3,985/oz in 2025, with a range of about $3,081–$4,804.

These forecasts reflect factors like central bank buying, inflation concerns, and economic uncertainty. In short, most experts anticipate gold will trade higher than current levels by late 2025. (Keep in mind prices fluctuate daily; check live charts for the latest updates.)

(Gold price in USD per troy ounce, 2010–2025)

This chart (covering 2010–2025) highlights gold’s long-term uptrend. Over the last decade, gold has climbed dramatically. For example, in 2015 the closing price was only about $1,060/oz, whereas by early 2025 it’s around $3,307/oz – a roughly 200% increase. The biggest jumps occurred in recent years: gold rose from ~$1,523/oz in 2019 to ~$1,895/oz in 2020 amid global turmoil, and it set new records in 2023–2025.

In summary, the 10-year trend is firmly upward. The pullbacks (around 2013–2015 and 2021) were relatively short-lived, and gold continues to trend near all-time highs in 2025. The chart above illustrates this multi-year rise and helps explain why today’s per-gram price (£99.28/gram for 24ct) is much higher than it was a decade ago (£25.04/gram for 24ct).

Frequently Asked Questions

Interested in selling gold with the UK’s highest paying gold buyer? Visit our Sell Gold page to get a competitive valuation – we provide fully insured postage and fast payment.

For more insights and the latest gold price today, keep an eye on our live charts and blog updates.