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.