Live Precious Metal Spot Prices & Historic Price Charts
(For Gold, Silver, Platinum & Palladium Metals in GBP, EUR, USD & CHF Currencies)
View live precious metal spot prices, daily price changes and historic performance charts from the institutional markets.
Live Spot Prices
Day Changes
Precious Metals Price FAQs
Precious metals prices are dynamic and formed through continuous global market trading. Each metal also has an internationally recognised benchmark price set through formal daily auction processes—with gold and silver set by the LBMA, and platinum and palladium set by the LPPM—which provide reference prices for valuation and settlement.
Alongside these benchmarks, live prices move constantly throughout the trading day as buyers and sellers transact. The actual price an investor sees depends on market spreads, liquidity, hedging costs, vaulting, VAT (where applicable), and operational fees, with pricing closest to institutional trading venues typically offering the tightest spreads.
Precious metals prices are influenced by interest rates, inflation expectations, currency movements, industrial demand, mining supply, investor flows, and geopolitical risk.
What are the live precious metals prices?
Live precious metals prices are the continuously updating market prices for gold, silver, platinum, and palladium formed through real-time global trading.
How are precious metals prices set?
Benchmark prices are set through formal daily auction processes in London — the LBMA runs benchmark auctions for gold, silver, platinum and palladium — and these are used as reference prices for valuation and settlement.
Is there a single fixed price for precious metals?
No. Benchmark prices provide reference points, but live market prices fluctuate constantly based on real-time buying and selling.
Why do buy prices differ from spot prices?
Investor buy prices include market spreads, liquidity costs, hedging, vaulting, VAT (for non-gold metals), and operational costs.
Which precious metal is the most liquid?
Gold is the most liquid precious metal globally, followed by silver. Platinum and palladium have smaller, more specialised markets.
Which precious metal is the most volatile?
Palladium is typically the most volatile due to tight supply and heavy reliance on automotive demand. Silver is also highly volatile due to industrial use.
Why do precious metals prices move with currencies?
Precious metals are priced globally in US dollars and converted into local currencies. Exchange-rate movements directly affect local prices.
What factors influence precious metals prices the most?
Key drivers include interest rates, inflation expectations, industrial demand, mining supply, central-bank activity, investor demand, and geopolitical risk.
Are all precious metals subject to VAT in the UK?
Investment-grade gold is VAT-free in the UK. Silver, platinum and palladium are subject to 20% VAT if they are delivered into the UK, but no VAT is charged while they are held in bonded warehouse or tax-warehouse storage. VAT only becomes payable if the metal is withdrawn into free circulation.
Do precious metals prices update in real time?
Yes. Live precious metals prices update continuously during market hours as trades occur globally.
What are the live precious metals prices in GBP?
Live precious metals prices in GBP show the real-time market values converted from global USD prices using live foreign-exchange rates.
Where do UK precious metals prices come from?
UK precious metals prices are derived from global USD markets and converted into pounds sterling using real-time interbank FX rates.