22 Carat Gold Price in UK Today Per 10 Gram – Live Rates

Whether you’re looking to sell old jewellery or invest in precious metals, knowing the right price for 22 carat gold can save you hundreds of pounds. UK dealers quote dramatically different rates — ranging from around £78 to £110 per gram — and the difference between spot and scrap prices catches many sellers off guard. This guide pulls live figures from eight UK bullion dealers so you can see exactly where the market stands today.

22ct Spot per Gram (GoldPriceZ): £100.16 · 22ct Scrap per Gram (Gold Traders): £90.36 · 24ct Spot per oz (Royal Mint): £3,405.33

The table below summarises current rates from eight UK dealers, with dates to show how recently each figure was captured.

How much is 22ct gold per gram in the UK?

The short answer is that it depends entirely on which dealer you ask — and whether you’re buying, selling, or just checking the spot reference rate. GoldPriceZ, a price aggregator, listed the 22K spot price at £100.16 per gram as of 1 May 2026, which puts 10 grams at approximately £1,001.68. That figure reflects the pure commodity reference, not what any single dealer will actually pay you.

Live rates from bullion dealers

Different dealers update at different frequencies. GOLD.co.uk refreshes its charts every 5 seconds, while BullionByPost updates every 2 minutes. London Gold Centre quoted 22ct at £110.63 per gram on 1 May 2026 — notably higher than the GoldPriceZ spot figure, reflecting its role as a seller rather than a scrap buyer.

Spot vs scrap prices

The gap between spot and scrap is where most sellers get caught. Gold Traders UK states explicitly that scrap prices exclude stones, gemstones, and any non-gold components, based purely on the gold weight multiplied by the market rate. BullionByPost buys 22ct scrap at market-leading rates, though the exact figure is agreed by phone. Gerrards Bullion (020 7539 4174) provides live market rates for 22ct per gram by phone during trading hours.

The implication: if you are selling jewellery, you will never receive the spot price. The question is how far below spot your dealer sits — and that depends on whether they are a scrap buyer, a bullion dealer, or a retailer.

What is 10 grams of 22k gold worth today?

Multiplying the per-gram rate by 10 gives you the baseline value — but you must choose which per-gram rate to use. Using the GoldPriceZ spot of £100.16 per gram, 10 grams equals £1,001.68. Using Gold Traders’ scrap rate of £90.36 per gram, the same 10 grams equals £903.60. The London Gold Centre figure of £110.63 per gram would value 10 grams at £1,106.30 — though that reflects their seller’s premium.

Calculate 10g value

To calculate any weight of 22ct gold, multiply the gram rate by the purity factor of 0.917, then by your weight in grams. For example, a dealer calculating a 10-gram piece would start with the current 24ct spot price, apply the 91.7% purity adjustment, and subtract their margin. Atkinsons Bullion illustrates this directly: at a 24ct price of £2,400 per ounce, the 22ct equivalent would be £2,400 × 0.917 = £2,200.80 per ounce.

Current market rates applied

Using the Royal Mint’s 24ct spot of £3,405.33 per ounce (as of 1 May 2026) and applying the 91.7% purity factor gives a 22ct reference of approximately £3,122.69 per ounce — which translates to roughly £100.42 per gram. That aligns closely with the GoldPriceZ spot figure of £100.16, suggesting the two sources are drawing from similar international benchmarks.

What this means: 10 grams of 22ct gold is worth roughly £900–£1,000 depending on whether you are selling to a scrap dealer or referencing the pure spot market. Do not expect to receive the spot price if you are selling physical jewellery.

How much is the 10 gram gold price today in the UK?

UK dealers quote 22ct gold between approximately £78 and £110 per gram, which puts 10 grams in the £780–£1,100 range. SMP Bullion offers a Birmingham-specific 22K calculator, acknowledging that regional markets can vary. Chards displays live prices in GBP, USD, and EUR simultaneously, making it easy to cross-reference against international benchmarks.

22ct specific 10g pricing

At Gold Traders’ scrap rate of £90.36 per gram, 10 grams of 22ct is worth approximately £903.60. At London Gold Centre’s rate of £110.63 per gram — a retail/seller rate — 10 grams would be valued at £1,106.30. The mid-range between these two represents a reasonable estimate for most transactions: somewhere in the £900–£960 band.

Dealer variations

Gold Avenue tracks 22ct daily performance, showing a -1.61% movement with minimum and maximum ranges. BullionByPost charts the last 24 hours of rate movements, updating every 2 minutes. The Royal Mint, as the official UK sovereign mint, lists 24ct at £3,405.33 per ounce — the closest thing to an authoritative national reference rate.

The pattern: four to six dealer quotes exist within a roughly £30 per gram spread. The low end (£78–£90) represents scrap buyers; the high end (£100–£110) represents bullion dealers or retailers. For 10 grams, that spread equals £300–£300 on a single transaction.

Is UK gold 22 carat?

22 carat gold is genuinely common in UK jewellery, though it coexists with lower purities that dominate certain market segments. London Gold Centre covers carats from 9ct to 24ct, serving scrap, investment, and jewellery customers simultaneously. The UK market also uses 14ct and 18ct heavily, particularly in fashion jewellery where durability matters more than purity.

Common carat in UK jewellery

The 9ct gold standard (37.5% pure) dominates the budget end of the UK jewellery market. 22ct remains popular for wedding bands and traditional gold jewellery, particularly among South Asian and Middle Eastern communities where higher purity is culturally preferred. 18ct sits in the middle, used widely in fine jewellery.

Purity standards

22ct gold is 91.67% pure — calculated as 22 parts gold divided by 24 total parts. Atkinsons Bullion confirms this figure and explains that the remaining 8.33% consists of alloy metals (typically copper and silver) added for hardness and colour variation. The Royal Mint publishes live 24ct spot prices for investment-grade gold, which represents the pure benchmark from which 22ct is derived.

The trade-off: 22ct is soft enough to scratch more easily than 14ct or 18ct, but it holds more intrinsic gold value per gram. For investment purposes, many UK buyers prefer 24ct or 999 fine. For jewellery that is also expected to retain value, 22ct offers a practical middle ground.

22 Karat Gold — How pure and what is it worth?

22 karat gold contains 22 parts gold and 2 parts alloy, giving it a purity of 91.67%. This makes it the highest carat commonly used in everyday jewellery, while 24ct is reserved for investment-grade coins and bars where malleability is less of a concern.

Purity breakdown

The 8.33% alloy content in 22ct gold serves a practical purpose. Pure gold (24ct) is extremely soft — it dents and scratches easily. Adding copper and silver hardens the metal enough for wearable jewellery while retaining most of gold’s intrinsic value. GoldPriceZ confirms the 91.67% figure alongside their spot price data.

Value calculation

To find the market value of any 22ct item: start with the current 24ct spot price per gram, multiply by 0.9167, then subtract the dealer’s margin if selling. For a 10-gram piece at the Royal Mint’s 24ct spot of £3,405.33 per ounce (approximately £109.49 per gram for 24ct), the 22ct value works out to roughly £100.36 per gram — or £1,003.60 for 10 grams before any dealer margin.

Why this matters: understanding the purity calculation lets you verify whether a dealer’s offer is fair. If a scrap buyer offers £80 per gram for 22ct when spot is £100, that represents a 20% margin — high, but within range for the scrap industry.

What factors affect 22 carat gold price in the UK?

The price of 22ct gold in the UK flows from two master variables: the international gold spot price in US dollars and the GBP/USD exchange rate. GoldPriceZ identifies both as the primary drivers of daily movements. When gold rises globally or sterling weakens against the dollar, UK prices rise in pounds regardless of any dealer-specific factors.

Beyond the macro drivers, dealer-specific factors matter significantly. Bullion dealers charge a spread between their buy and sell prices — GoldPriceZ reports a buy price of £99.16 per gram and sell price of £101.17 per gram for 22K. Scrap dealers charge a higher margin because they must refine the gold, test purity, and resell to a refiner. Location matters too: London-based dealers like Gerrards Bullion and regional operators like SMP Bullion in Birmingham may quote different rates based on local market conditions.

How is 22ct gold price calculated per 10 grams?

The calculation follows a two-step process: first, determine the 24ct spot price in pounds per gram, then apply the 91.67% purity factor for 22ct. Atkinsons Bullion provides the formula explicitly: 22ct ounce price = 24ct ounce price × 0.917.

Working backwards from the Royal Mint’s 24ct spot of £3,405.33 per troy ounce (31.1035 grams): £3,405.33 ÷ 31.1035 = £109.49 per gram for 24ct. Multiply by 0.9167 = £100.36 per gram for 22ct. Multiply by 10 = £1,003.60. That is the theoretical pure-commodity value of 10 grams of 22ct gold — before any dealer margin.

For scrap sales, GoldCalculator UK provides a worked example: 10 grams of 18ct gold at £40 per gram equals £300 in value. The same logic applies to 22ct — multiply the applicable rate by your weight. The key variable is choosing the correct rate: spot reference (GoldPriceZ), retail (London Gold Centre), or scrap buyback (Gold Traders).

What is the difference between spot and scrap gold prices?

Spot gold refers to the live commodity price for pure 24ct gold on international markets — essentially the wholesale benchmark. Scrap gold refers to the price a dealer will pay you for jewellery or items that contain gold but require refining before they can resell it. The gap between the two represents the cost of that refining process plus the dealer’s profit margin.

Gold Traders UK was paying £90.36 per gram for 22ct scrap as of 30th April 2026. The GoldPriceZ spot for 22K on the same date was approximately £100.16 per gram. The £9.80 gap represents roughly 10% — the dealer’s margin for handling, testing, refining, and reselling.

The spread also varies by dealer and transaction type. Gold Traders states there are no hidden fees and the same rate applies whether you visit the counter or use their postal service. BullionByPost offers competitive scrap rates by phone, though the final figure requires agreement. Always ask for the all-in price before handing over any gold.

Where to check live 24 carat gold price UK today?

Several UK dealers publish live charts that update continuously throughout the trading day. The Royal Mint offers the most authoritative reference: their live 24ct price of £3,405.33 per ounce reflects institutional-grade accuracy and updates in near real-time. Atkinsons Bullion publishes live spot data showing the daily change (+£1.71, or +0.05%) alongside historical charts.

For the fastest-refreshing per-gram data, GOLD.co.uk updates every 5 seconds and is the most granular option for monitoring intraday movements. BullionByPost refreshes every 2 minutes and shows a 24-hour chart. Chards offers multi-currency views in GBP, USD, and EUR simultaneously.

How pure is 22 karat gold?

22 karat gold is 91.67% pure gold, with the remaining 8.33% consisting of alloy metals. Atkinsons Bullion confirms this by dividing 22 by 24, which yields exactly 0.9167. This purity level makes 22ct noticeably softer and more prone to scratching than 14ct (58.3% pure) or 9ct (37.5% pure), but it holds significantly more intrinsic gold value per gram.

The alloy metals added to 22ct gold are typically copper and silver — sometimes with small amounts of zinc or nickel. Copper gives 22ct gold its warm, rich yellow tone, while silver lightens it slightly. These alloys do not add significant value to the piece; a dealer buying scrap will pay only for the gold content, not the copper or silver percentage.

The Royal Mint’s yearly high for 24ct gold was £4,068.11 in 2026 — a useful context point for understanding how far current prices have moved from recent peaks. That high represents a 24ct benchmark; the 22ct equivalent at 91.7% purity would have been approximately £3,730.45 per ounce at that peak.

What is the current gold price per gram in London?

London remains the global centre for gold trading, and UK dealers source their prices from the international spot market. London Gold Centre quoted 22ct at £110.63 per gram on 1 May 2026, while the Royal Mint’s 24ct spot of £3,405.33 per ounce converts to approximately £109.49 per gram. Gerrards Bullion, based at 54 Old Jewry in the City of London, provides live market rates by phone (020 7539 4174) covering all carats from 9ct to fine gold.

For 24ct investment-grade gold, the London Gold Centre previously recorded a spot ounce price of £3,755.97 as of 16 March 2026 — notably higher than the current Royal Mint figure, suggesting significant market movement in recent weeks. GoldPriceZ shows a 7-day decline of £2.39 per gram (-2.33%) for 22K gold, pushing the current rate below the weekly average of £101.04 per gram.

What this means for London-based buyers and sellers: the spot reference is approximately £100–£109 per gram for 24ct, with 22ct at roughly 91.7% of that figure. London Gold Centre’s 22ct rate of £110.63 suggests they are pricing at a retail premium above spot. Always confirm whether a dealer quote represents their buy rate, sell rate, or a spot reference before comparing.

Does UK jewellery use 22 carat gold?

Yes, 22 carat gold is widely used in UK jewellery, particularly for wedding bands, traditional gold chains, and investment-focused pieces. London Gold Centre explicitly serves the jewellery market alongside scrap and investment customers. The preference for 22ct over 24ct in jewellery comes down to durability: 22ct is hard enough for daily wear while retaining a rich gold colour, whereas 24ct scratches too easily for practical use.

The UK also uses 9ct, 14ct, and 18ct extensively. 9ct dominates the affordable end of the market because its 37.5% gold content keeps prices low while meeting British hallmarking standards. 14ct is less common in the UK than in US or European markets. 18ct balances purity (75%) with durability and is popular in engagement rings and fine jewellery. 22ct sits at the premium end, preferred for its cultural significance in certain communities and its superior investment value compared to lower carats.

“Right now, we’re paying £90.36/g for 22 carat gold. We have no fees or charges to come off this figure.”

— Gold Traders UK (Scrap Dealer)

“Today’s 22K Gold Price per Gram in UK is £100.16 GBP. In the last 7 days, the price has declined significantly, showing a decrease of £2.39 GBP (-2.33%).”

— GoldPriceZ (Price Aggregator)

“Purity: 91.7% (22 divided by 24). To find the gold price per ounce UK for 22ct, multiply the fine gold price by the purity percentage.”

— Atkinsons Bullion (Bullion Dealer)

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For context on how 22 carat fits within broader UK pricing, live UK gold rates by carat tracks live rates per gram across all major purities today.

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