Live London gold price in GBP — 22K, 24K, 21K · Updated: Loading...
The UK, especially London, is one of the world's largest gold trading hubs. London's gold souk sells gold at prices very close to international spot rates because the UK imposes zero import duty on gold — compared to India's 6%+ import duty.
Gold in UK is priced in GBP (UK Dirham). The GBP is pegged to USD at 3.6725 GBP per dollar, making UK gold prices very stable relative to international markets.
Popular karats in UK: 24K (pure), 22K (hallmark), 21K (common in Middle East jewellery), and 18K. The London Gold & Commodities Exchange (DGCX) sets the benchmark prices.