Gold Value (GBP)

Updated: 2026-07-24 00:00:46
24ct £/g: 97.887449 24ct £/oz: £3,044.64 Updated: 2026-07-24 00:00:46 1 troy oz = 31.1034768 g

Prices for today:

Carat£/gramPurity£/troy oz
9ct £36.7078 37.5% £1,141.74
14ct £57.1010 58.3% £1,776.04
18ct £73.4156 75.0% £2,283.48
21ct £85.6515 87.5% £2,664.06
22ct £89.7302 91.7% £2,790.92
24ct £97.8874 100.0% £3,044.64
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How the maths works
1 oz = 31.1034768 g
24ct £/g = (£/oz ÷ 31.1034768) = £3,044.64 ÷ 31.1034768 = £97.887449
Per-carat derived from purity (carat ÷ 24):
  • 9ct: £97.887449 × 0.375 = £36.7078
  • 14ct: £97.887449 × 0.5833… = £57.1010
  • 18ct: £97.887449 × 0.75 = £73.4156
  • 21ct: £97.887449 × 0.875 = £85.6515
  • 22ct: £97.887449 × 0.9166… = £89.7302
  • 24ct: £97.887449 × 1.000 = £97.8874
Scrap value formula
Scrap £ = grams × (24ct £/g) × (carat ÷ 24)