Calculate your gold price per gram online

We pay instant cash

Gold November 13 2019 08:30 local
Enter Weight Description GBP £ 1,139.05 / oz
  g 9K Gold GBP ¬£ 13.33 /g
  g 14K Gold GBP ¬£ 20.74 /g
  g 18K Gold GBP ¬£ 26.67 /g
  g 21K Gold GBP ¬£ 31.11 /g
  g 22K Gold GBP ¬£ 32.60 /g
  g 24K Gold GBP ¬£ 35.56 /g

How much does a gram of gold is worth ?

Gold is one of the most important, precious, and useful metals and it has been used for different purposes for thousands of years. It does not tarnish, conducts electricity, and has beautiful natural sparkle. It has been used in different industries for centuries. Its price is regulated by the market and it changes on a daily basis. 

Common uses of Gold

Jewellery

The most common use of gold is to make jewellery. Out of the total gold that is used every year more than 70 %  is used by the jewellery industry. It has been used for making fashion ornaments for thousands of years. Due to its malleable property, it can be easily used for manufacturing different jewellery items.

Finance

Gold has been used as currency for thousands of years. The people of old civilisations used gold as a mean of transaction. It is one of the safest investments and reduces risk levels. Because it returns a high value it is the most popular metal used as an investment.

Gold-medals

For a long period of time gold has been used as a symbol of excellence in any field of the world. When people who have extraordinary qualities in them like sportsmen, scientists, and businessmen excel in their own field they get rewarded, and the gold medal is the highest reward that everyone wishes for.

One example of such occasions where people get rewarded with gold medals in the Olympics where all the athletes securing the first position in their own game get awarded. Another example is the education where the position holders are awarded gold medal when they secure the first position.

The gold market is important for every country; in fact, it is important for the global economy as well. The relationship humans have with the gold is remarkable. It has been used as currencies, means of transaction and as a symbol of wealth as well.

How the gold price is determined?

Prices of Gold is not easy to determine and change every day. There are many factors that influence gold prices.

Governments and large businesses can influence gold prices. If the government or any large enterprise buys a huge amount of gold it could impact the gold prices. Like every other commodity gold prices are also dependant on supply and demand chain. If the demand is high and supply is low then gold price increases.

The fluctuating market could have a great role in influencing gold prices. Economic crises can lead to higher prices of gold. Other factors which affect the market like political crises, a natural disaster can also cause gold prices to increase.

If a country loses its currency value, it will also have an effect on gold prices. Inflation and monetary policy are the two main causes of currency depreciation.

How to sell and buy scrap gold per gram

Scrap gold has a huge market but many people don’t know its right meaning. Scrap gold is basically anything made of gold that is broken or ugly and needs to be reprocessed. So, if you want to sell your jewellery that you have kept for a long time, it will be first sent to the goldsmith for refining purposes.

Dealer of Gold will buy it as scrap gold. however its vital to note that gold bars & gold coins have a premium value based on the precious metal price

Price of Gold depends on the market conditions, so you have to keep that in mind while valuing the scrap gold. You will always get less then what you have estimated, but it depends on the buyer, different buyers can pay you different amounts. 

Similarly, when you are buying scrap gold, you are also likely to get it at a price higher than what you have expected. But, it also depends on the seller and different sellers can offer different prices. So, you need to be careful while choosing a buyer and a seller.

How it is weighed and measured?

Before selling gold you first need to know its value, to make sure that you are getting a fair scrap gold price, which can be determined by the gold price per gram. To determine its value you need to know how it is weighed and measured. The unit of measure for gold is troy ounce and one troy ounce is equal to 31.1 grams.

You can also use another metric, pennyweight to measure its weight. One pennyweight is equal to 1.55 grams. If you have a large amount of gold then you should use troy ounce metric. Gold value also depends on its purity which is measured in carats and form weather is gold bullion or gold coin.

What is Carat?

Carat or Karat is a measure of the purity of gold. It is stamped on the piece of gold and gives information about the type of gold and the percentage of pure gold it contains. It is measured and expressed using numbers 0-24. Higher Carat number means that there is more percentage of gold. 24 Carat gold is the purest gold and contains no other metal. 

To measure the gold purity, divide the number of Carats by 24. So, if you have bought a ring of 15ct gold, divide 15 by 24, the answer is 0.625, which means that the ring contains 62.5 percent pure gold.

There are 4 common purity forms of gold: 9ct, 18ct, 22ct, and 24ct. The difference between these forms is the percentage of gold and other metal they contain.

  • 9ct gold contains the least amount of gold than other forms. It has only 37.5 percent pure gold and 62.5 percent other metals. The other metals could be silver, zinc, or platinum, etc.
  • 375 hallmarked gold is comparatively harder but that does not mean that it is more durable. Its harder material makes it less durable so you need to keep that in mind before buying it. You can buy one gram of 9ct gold for around 11.26 pounds.
  • 18ct gold contains 75 percent gold and 25 percent other materials like silver and copper. It is less hard than 9ct gold and also more durable. Due to a higher percentage of pure gold, it is more expensive than 9ct gold.You can wear jewellery made of 18ct gold regularly like a wedding ring or a necklace.
  • The price for one gram of 18ct gold is around 22.48 pounds. Hallmark: 759
  • 22ct gold is purer than 18ct gold and 9ct gold. It contains 91.67 percent pure gold and 8.33 percent other metals. It is softer than 9ct gold and 18ct gold and to make it harder it is mixed with other metals. It is also more expensive than 9ct gold and 18ct gold.
  • You can get one gram of 22ct gold for 27.48 pounds. Hallmark: 916
  • 24ct gold is the purest form of gold. It contains 100 % pure gold. It is softer than the other gold forms. It is also pliable, so it is not used in making regular jewellery items. It is used for making coins and bars. Because of its purity, 24ct gold is more expensive than 24ct gold.
  • It is also used in medical devices and electronics. The price for one gram of 24ct gold is 29.97 pounds.Things to consider while buying scrap gold. Hallmark:999.99

Things to consider while buying scrap gold

People buy gold for special occasions like weddings parties. People make mistakes while buying gold due to lack of awareness about the basics of the gold market.

  1. Educate yourself about the purity standards:
    As we have seen above that the purity of the gold is measured in carats. You need to know all about these units in order to make an informed decision. You can familiarise yourself with carats from this context and from browsing online.
  2. Decide the right purity for you:
    When you know all about carats then you will be able to decide what you want according to your budget and choose the right purity for you. Remember, higher the carats, higher will be the purity and higher will be the price.
  3. Don’t be in a rush:
    You don’t get an opportunity to buy gold every day, so take your time with it. Window-shopping is the best way to know all about the market trends, prices. and other standards.
  4. Decide the design that you want:
    Finally, you need to decide whether you want rings, necklaces or any other form of jewellery and then pick the right colour and also you need to get the gold inspected by a professional just to be sure.
London gold center Logo

Gold Price per Gram

Want to know the Gold Price per Gram? Use our online Gold Price calculator to calculate the price of any carat gold. Visit Hatton Garden for Instant cash!

London gold centre enables people to either sell or buy gold in London. Indeed, our goal will be to provide the best estimations for your gold based on real life data and current market figures. If you require a quote to get the best out of your money you can easily contact us.

  1. Expertise in the field of gold
    London gold centre enables people to either sell or buy gold in London. Indeed, our goal will be to provide the best estimations for your gold based on real life data and current market figures. If you require a quote to get the best out of your money you can easily contact us.
  2. Strategic locations in London
    In order to make selling and buying gold easier for our customers. We are present all over London to provide a qualitative service for everyone. We are located in over 20 London locations. If you desire to sell gold your gold in Camden, we would be happy to help you throughout the entire process.
  3. Postcode Covered 
    N1, N6, N7, N19, NW1, NW2, NW3, NW5, NW6, NW8, EC1, WC1, WC2, W1 and W9
  1. Expert quotations for your gold
    London gold centre is a company that provides expert valuation for your scrap gold. If you plan on selling scrap gold in London and you need a quote for your gold. You can easily contact us and find out how much money you can make.
  2. Located all over London 
    In order to make the lives of our customers easier we are present all over London. We understand that some prefer to sell gold close to their home. If you want to sell gold in Golders green, we can easily give you an estimation of how much you can gain from your gold.
  3. Postcode Covered
    N11
  1. Knowledge and experience
    Thanks to our experts and experience in the field, we are able to provide the best quality service to meet all of your needs. We strive to help everyone get the best value for their gold when selling or buying gold in London. If you need an estimation for your gold, you can easily contact us online.
  2. Selling gold in the centre of London
    We have made sure to be present all across London. Selling gold in London has never been easier than it is today. One of the most popular areas is most definitely Piccadilly Circus. If you need to sell gold in Piccadilly Circus, we would be glad to help you.
  3. Postcode Covered
    W1J

Sell your gold in Brick Lane

London gold centre helps people sell gold in a fast, efficient and secure manner. Our top priority will be to give accurate estimations for your scrap gold. We rely on a day to day market data and our team of experts to give you the best quotes. If you need assistance do not hesitate to contact us.

  1. London based company
    Not only are we present online, we are also present in the most famous areas of London. Our goal will be to make the process even easier and efficient for your own comfort. For instance, if you would like to sell gold in Bricklane, one of the most famous areas to buy vintage fashion, you can contact us and discuss it with one of our experts.
  2. Postcode Covered 
    E1
  1. London gold centre: efficient way to sell gold
    We are proud to state that we offer various services that helps people buy or sell gold in London. Thanks to our team of experts and knowledge we are able to make the best quotes to satisfy our customers desires. If you want an expert estimation on the gold you intend on selling you can contact us.
  2. Present in the south west of London: Hounslow
    It seems important that no matter where our customers lives, we need a proximity with them. Indeed, we try our best to be present in all of the main districts of London. Therefore, we are also located in the south west in London in areas like Hounslow. If you have to sell gold in Hounslow, then we would be happy to help you make the most money out of your gold items.
  3. Postcode Covered 
    SW13, SW14, TW1, TW12 and TW13

Sell gold in Finchley

  1. London gold centre: trustworthy and customised quotes:
    London gold centre works on a daily basis to make sure to give the best customised quotes for our customers. The goal will be to give precise and trustworthy appraisals for the gold you want to sell. We have a dedicated team of workers that will be able to assist you though out the entire process.
  2. Present in the north of London: Finchley
    We believe it’s important to be present in the main areas of London. Indeed, we are also located in the north of London more specifically near Finchley so that all of our customers can feel close to us. In fact, if you feel the need to sell gold in Finchley, you can reach out to us and one of our experts will be happy to help you.
  3. Postcode Covered 
    N12, N2 and N3 

Sell gold in Fulham

  1. Best quotes for your gold
    Our goal is to provide the best quotes for your gold. If you want to sell gold coins, gold bars or even scrap gold we are able to give you estimations of how much your gold is worth. This will help our customers gain the best amount of money for their gold.
  2. Present in best areas of London
    We believe it’s important to be near our customers no matter where they live in London. We are very much present in the best areas of London like Fulham. Therefore, if you need to sell gold in Fulham we would be delighted to help you sell your gold objects for a good amount of money. We understand it can be tricky to get the best deal.
  3. Postcode Covered 
    SW10, SW5 and SW6

Selling your gold in Kensington

  1. Company expertise and know-how
    London gold centre is a company that shares expertise in the field of gold. We believe in delivering accurate customised and authentic quotes for our customers. Our mission will be to guarantee customer satisfaction.
  2. Present in Kensington
    We are a London based company that wants to be present all over the capital. It remains our top priority to remain close to our customers. That’s why you can easily find us in London. In fact, if you are keen on selling gold in Kensington. We would be delighted to help you by offering you a quote for your gold.
  3. Postcode Covered 
    SW10

Sell gold in Covent Garden

  1. Authenticity and accuracy of our quotes
    London gold centre believes in making the best quotes possible for our customers. Indeed, the authenticity and accuracy of our estimations remains our top priority. This helps customers find the best deal according to their needs.
  2. Located in the heart of London: Covent Garden
    We are proud to say that you can find us pretty much anywhere in London. We worked on making sure we could be close to our customers by being present in all areas of London. In fact, if you are looking to sell gold in Covent Garden, we would be able to provide quotes to see how much you can make from your gold.
  3. Postcode Covered 
    WC2E

Selling gold in Hammersmith

  1. Authentic and reliable quotes
    Here at London gold centre, we have a talented and passionate team of experts that provide excellent quotes for your gold. Indeed, we rely on a grading system and live market figures to prepare the best estimations for our customers.
  2. Find us everywhere in London including Hammersmith
    We understand the need for our customers to find us close to their homes. That’s the reason why we are present in so many locations throughout London. For example, if you live near Hammersmith you can take the liberty of contacting us and asking for a quote. Therefore, if you’re selling gold in Hammersmith you can talk with one of our experts.
  3. Postcode Covered 
    W6