Gold prices in United Kingdom

Gold price in UK in Pound Sterling(GBP) per ounce and live gold prices charts


Gold price in United Kingdom in Pound Sterling(GBP) per ounce is a free service provided by Gold Price OZ website, where shows current gold price(including bid price and ask price) and gold price history chart(London gold fixing price). Gold price in United Kingdom per ounce today is being updated once every 1 minutes.
Gold Price Per Ounce

=

746.5 Pound Sterling

Bid Price: £746.5

Ask Price: £747.12

Day's Range: £744.42 - £754.36
Prices Updated: Sep 20, 2014 at 05:55 NY Time

Gold Price in United Kingdom per Ounce Charts

Gold Price Per Ounce 3 Months History

Gold Price Per Ounce in Pound Sterling

Ounce Pound Sterling Pound Sterling Ounce
1 Ounce = 746.5 GBP 1 GBP= 0.00134 Ounce
2 Ounce = 1493.01 GBP 2 GBP= 0.00268 Ounce
5 Ounce = 3732.52 GBP 5 GBP= 0.0067 Ounce
10 Ounce = 7465.04 GBP 10 GBP= 0.0134 Ounce
20 Ounce = 14930.07 GBP 20 GBP= 0.02679 Ounce
25 Ounce = 18662.59 GBP 25 GBP= 0.03349 Ounce
50 Ounce = 37325.18 GBP 50 GBP= 0.06698 Ounce
100 Ounce = 74650.36 GBP 100 GBP= 0.13396 Ounce
1000 Ounce = 746503.56 GBP 1000 GBP= 1.33958 Ounce

London gold market

London gold market or London Bullion Market is by far the largest global centre for OTC transactions, followed by New York, Zurich, and Tokyo. It owns a long history for gold and silver trading. In 1804, London replaced Amsterdam as the center of world gold trading. In 1919, the London gold market was officially established, twice fixing gold price in a business day. So far, the London fixing price affects trading in New York and Hong Kong. In 1982, the London gold market specializes in spot trading; in April 1982 futures market opened.

The gold trading is among members of the London Bullion Market Association (LBMA) , loosely overseen by the Bank of England. Unlike other gold markets, it is entirely inaccessible to individuals and retail trade, the minimum amount of gold traded (per single transaction) is 1000 oz. London gold priced is in U.S. dollars, using the unit of ounces that is equal to 31.1034768 grams. Gold offer is mainly based on the gold spot price in the London market. Its gold fineness standard are 995, 9995 and 9999 three kinds.

Trading hours: round the clock.

London spot price fixing: 10:30 am and 3 pm each business day in USD, GBP, and EUR.