Live Gold Spot Price & Historic Gold Price Chart
(in GBP, EUR, USD & CHF currencies)
View the live gold spot price and historic gold price charts using institutional-grade market data in British Pounds (£GBP), Euros (€EUR), US Dollars ($USD) and Swiss Francs (₣CHF).
Gold Price FAQs
The price of gold is dynamic and liquidity is high.A globally recognised benchmark price is set twice daily by the LBMA through the AM and PM Gold Price auctions, where major market participants match supply and demand to establish a reference price used for valuation and settlement.
Alongside this benchmark, live gold prices are formed continuously through real-time trading on global markets, meaning the price constantly moves as buyers and sellers transact. The actual price a buyer or seller sees will vary depending on market spreads, liquidity, hedging costs, vaulting, and operational fees, with prices closest to institutional trading levels typically offering the tightest spreads.
Gold prices are primarily influenced by interest rates, inflation expectations, currency movements, central-bank activity, investor demand, and geopolitical risk.
What is the live gold price?
The live gold price is the continuously updating market price formed through real-time trading on global exchanges and over-the-counter bullion markets.
How is the gold price set each day?
The global benchmark gold price is set twice daily by the LBMA through the AM and PM Gold Price auctions, where institutional supply and demand are matched.
What is the LBMA gold price?
The LBMA gold price is the internationally recognised benchmark used by refiners, vaults, central banks, and financial institutions for valuation and settlement.
Is the live gold price different from the LBMA price?
Yes. The LBMA price is a benchmark set twice daily, while the live gold price moves continuously throughout the trading day.
Why does the gold price change throughout the day?
Gold is actively traded worldwide, so prices move as buyers and sellers respond to economic data, currency movements, and market sentiment.
What affects the price of gold the most?
The main drivers are interest rates, inflation expectations, US dollar strength, central-bank demand, investor flows, and geopolitical uncertainty.
Why is the gold price shown in GBP different from USD?
Gold is priced globally in US dollars and converted into GBP using live foreign-exchange rates, so currency movements affect the UK price.
Why is my gold buy price higher than the spot price?
The buy price includes the market spread, liquidity, hedging, vaulting, insurance, and operational costs on top of the raw spot price.
Is the gold price the same worldwide?
The underlying gold price is global, but the local price varies by currency exchange rates, taxes, and dealer spreads.
Is gold subject to VAT in the UK?
No. Investment-grade gold is exempt from VAT in the UK.
What is the live gold price in GBP?
The live gold price in GBP shows the real-time market value of gold converted into pounds sterling using live foreign-exchange rates. See the live price and historic prices above.
Where does the UK live gold price come from?
UK gold prices are derived from the global USD gold market and converted into GBP using real-time interbank foreign-exchange rates.