UK gold prices explained

How Much Is My Gold Worth in the UK?

The value of your gold comes down to three simple things: its weight, its carat (purity), and the current UK gold market rate in pounds per gram. This guide explains exactly how it works — and how to find out what your gold is worth in St Helens today.

Free, no-obligation valuation
Inside Cash Generator, Church Street
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Same-day payment if you accept

On this page

  • UK gold market rate moves daily — sometimes hourly
  • 9ct, 14ct, 18ct, 22ct & 24ct each have different per-gram values
  • Weight measured in grams (or troy ounces for bullion)
  • Hallmarks help identify carat — we test to confirm
  • Stones deducted by weight, not guessed
  • Free, exact valuation while you wait in St Helens

How UK gold prices are calculated

The UK gold price is set by the global gold market and quoted in pounds per troy ounce (one troy ounce = 31.1035 grams). Dealers convert that figure into a per-gram price for each carat, then multiply by the weight of your item.

Because purity varies, a higher carat is worth more per gram than a lower carat at the same weight. We don't publish fixed per-gram figures here because the live UK gold price changes throughout the day — every offer is calculated against the current market rate at the moment you visit.

Understanding UK gold carats and hallmarks

UK gold jewellery is hallmarked with a number that tells you its purity:

  • 375 = 9ct (37.5% gold) — the most common UK jewellery carat
  • 585 = 14ct (58.5% gold) — common in modern designer pieces
  • 750 = 18ct (75% gold) — premium UK jewellery
  • 916 = 22ct (91.6% gold) — sovereigns and Asian gold
  • 999 = 24ct (99.9% gold) — bullion bars and Britannias

If your item isn't hallmarked, don't worry — a lot of older or imported UK jewellery isn't. We test every piece in front of you to confirm the carat. Testing methods depend on the item.

How weight affects the value of your gold

Once we know the carat, we weigh each item in front of you. Even small items add up — a single 9ct ring weighing 4g still represents real money at today's prices, and a few grams of 18ct gold can be worth significantly more than people expect. You see what each piece is contributing to your offer.

Why we don't publish fixed gold prices

Gold prices change daily — sometimes hourly — so we don't list fixed £-per-gram figures or example payouts on this page. The amount you receive depends on the live gold market rate at the time, the carat of your gold, the exact weight, and any stones or non-gold materials that need to be deducted. For an accurate figure, bring your items into our St Helens shop for a free, no-obligation valuation based on the live market on the day.

What you should expect to be paid in the UK

Reputable UK gold buyers pay a strong percentage of the current market rate. Smaller items and very low carats sometimes get slightly less per gram due to processing costs. Be cautious of any buyer who:

  • Won't tell you the carat or weight openly
  • Doesn't show you the current gold market rate
  • Pressures you to sell on the day
  • Pays only by cheque or delayed bank transfer

At St Helens Gold, every step happens in front of you and we pay cash on the spot.

How to get the best value for your gold

  • Bring everything together for a single, efficient valuation
  • Don't try to clean or polish — it doesn't change the gold content
  • Bring receipts or hallmark records if you have them
  • Compare offers — we welcome written quotes from elsewhere

Find out what your gold is worth in St Helens today

The most accurate way to know the value of your gold is a face-to-face valuation. Pop into St Helens Gold inside Cash Generator on Church Street — we'll test, weigh and explain the offer in front of you, free and with no obligation. If you decide to get a gold valuation in St Helens with us, you'll be paid the same day in cash or by bank transfer.

Read genuine customer reviews from our Church Street store.

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Need to know

Frequently asked questions

How is my gold's value calculated?+

Value = weight in grams × purity (carat %) × current per-gram market rate. We measure all three in front of you.

How can I tell what carat my gold is?+

Most UK pieces are stamped: 375 (9ct), 585 (14ct), 750 (18ct), 916 (22ct), 999 (24ct). If there's no stamp or it's worn off, we test it for free. Testing methods depend on the item.

Does brand or designer add to the gold's value?+

When selling for scrap, only the metal weight and purity matter. For high-end designer pieces in great condition, you may get more from a specialist resale buyer — we'll tell you straight if that applies to your item.

Can I work out the value myself before visiting?+

Yes — multiply the weight by the per-gram price for that carat. See our UK gold price guide for indicative per-gram figures, then visit us for an accurate, up-to-date valuation.

Why does 9ct seem worth so much less than 18ct?+

Because 9ct is only 37.5% pure gold, while 18ct is 75%. Per gram, 18ct contains exactly twice as much actual gold.

Visit Us in St Helens

Pop in for a free valuation when you're ready

Send a genuine like-for-like local quote and we'll review whether we can beat it where commercially possible.

Inside Cash Generator, St Helens · WA10 1AX

Visit St Helens Gold

St Helens Gold

Inside Cash Generator St Helens

41 Church Street, St Helens, WA10 1AX

No appointment needed — just walk in any day for a free valuation and same-day payment for your gold.

Google reviews · Church Street shop

Google reviews for our Church Street shop, Cash Generator St Helens — the same premises that hosts our St Helens Gold buying counter, so the reviews reflect the team and location you'll visit.

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