Gold Value (GBP)

Updated: 2026-04-14 10:00:46
24ct £/g: 113.798210 24ct £/oz: £3,539.52 Updated: 2026-04-14 10:00:46 1 troy oz = 31.1034768 g

Prices for today:

Carat£/gramPurity£/troy oz
9ct £42.6743 37.5% £1,327.32
14ct £66.3823 58.3% £2,064.72
18ct £85.3487 75.0% £2,654.64
21ct £99.5734 87.5% £3,097.08
22ct £104.3150 91.7% £3,244.56
24ct £113.7982 100.0% £3,539.52
How the maths works
1 oz = 31.1034768 g
24ct £/g = (£/oz ÷ 31.1034768) = £3,539.52 ÷ 31.1034768 = £113.798210
Per-carat derived from purity (carat ÷ 24):
  • 9ct: £113.798210 × 0.375 = £42.6743
  • 14ct: £113.798210 × 0.5833… = £66.3823
  • 18ct: £113.798210 × 0.75 = £85.3487
  • 21ct: £113.798210 × 0.875 = £99.5734
  • 22ct: £113.798210 × 0.9166… = £104.3150
  • 24ct: £113.798210 × 1.000 = £113.7982
Scrap value formula
Scrap £ = grams × (24ct £/g) × (carat ÷ 24)