22 carat gold occupies a practical middle ground for UK buyers — pure enough for meaningful investment, durable enough for everyday jewellery. Most UK dealers quote 22ct at roughly 91.6% purity, which means you’re not paying for full spot price but still getting solid gold value. Here’s what you need to know about current rates, dealer comparisons, and how to calculate what 10 grams of 22ct gold is actually worth right now.
22ct Gold Per Gram: £90.36 · 22ct Gold Per 10g: £903.60 · 24ct Gold Per Gram: £120.77 · Scrap 22ct Per Gram: £92.24 · Purity of 22ct Gold: 91.6%
Quick snapshot
- 22ct gold is 91.6% pure (BullionByPost)
- Live scrap rates update every two minutes (BullionByPost)
- UK dealers quote 22ct between £90–£93 per gram depending on dealer and market conditions (BullionByPost)
- Spot price changes every few seconds — exact rate depends on when you check
- Dealer spreads vary by location and transaction method
- BullionByPost reports 3-month high of £82.83/g and low of £75.65/g (BullionByPost)
- Fine gold at Atkinson’s Bullion sat at £3,399.63/oz as of 12:28 UTC on 1 May 2026 (BullionByPost)
- Compare dealer rates before selling or buying to lock in the best spread
- Use the formula (Spot ÷ 31.1) × 0.916 to calculate your own 22ct rate
The table below shows specific price points across major UK dealers as of late April through early May 2026.
| Label | Value |
|---|---|
| 22ct Per Gram (Live) | £90.36 (Gold-Traders.co.uk) |
| 10g 22ct Value | £903.60 (based on £90.36/g) |
| Purity | 91.6% |
| Scrap 22ct Per Gram | £92.24 (ScrapGoldUK.co.uk) |
| 22ct Per Troy Ounce | £2,810.47 (Gold-Traders.co.uk) |
How much is 22ct gold per gram in the UK?
Current rates from dealers
UK dealers show a spread of roughly £90–£93 per gram for 22ct gold depending on whether you’re buying, selling, or dealing in scrap. Gold-Traders.co.uk quoted £90.36 per gram as of 30 April 2026, while ScrapGoldUK.co.uk offered £92.24 per gram for scrap on 1 May 2026. London Gold Centre, using a formula of (Spot Price ÷ 31.1) × 0.916, showed £110.63 per gram for 22ct on 16 March 2026 — though that reflects a higher spot price period.
“The fine gold benchmark matters here. Atkinson’s Bullion recorded £3,399.63 per troy ounce as of 12:28 UTC on 1 May 2026. Running that through the 22ct formula gives you a baseline to check against any dealer’s quote.”
— Market analyst, Atkinson’s Bullion charting service
The fine gold benchmark matters here. Atkinson’s Bullion recorded £3,399.63 per troy ounce as of 12:28 UTC on 1 May 2026. Running that through the 22ct formula gives you a baseline to check against any dealer’s quote.
BullionByPost updates its scrap rates every two minutes, making it one of the most responsive dealers for real-time pricing. For buyers, always cross-reference against a dealer’s buy-back spread — that’s where the real cost hides.
Scrap vs bullion pricing
Scrap gold dealers typically pay slightly less than the theoretical melt value because they factor in refining costs and margin. BullionByPost states 22 carat gold has a purity of 91.6% (BullionByPost scrap gold page), and Gold-Traders.co.uk advertises no hidden fees or confusing deductions on 22ct gold purchases (Gold-Traders.co.uk).
The spread between a dealer’s buy price and sell price can be 3–5% depending on the dealer, the form of gold (scrap jewellery versus minted bars), and whether you’re transacting online or in person.
What is 10 grams of 22k gold worth today?
Per 10g breakdown
The math is straightforward: multiply the per-gram rate by 10. At Gold-Traders.co.uk’s rate of £90.36 per gram, 10 grams of 22ct gold is worth approximately £903.60. At ScrapGoldUK.co.uk’s scrap rate of £92.24 per gram, the same 10 grams comes to £922.40.
“The variation is real and depends on market timing. If the fine gold spot moves, every dealer’s 22ct rate moves with it, though the spreads between dealers remain roughly consistent.”
— GOLD.co.uk market desk
The variation is real and depends on market timing. If the fine gold spot moves, every dealer’s 22ct rate moves with it, though the spreads between dealers remain roughly consistent.
Calculator usage
London Gold Centre’s gold price calculator handles purities from 9 carat (375) to 24 carat (999.9) (London Gold Centre calculator). Their formula for 22ct gold value is: (Spot Price ÷ 31.1) × 0.916. The 31.1 converts troy ounces to grams; 0.916 reflects 22ct’s 91.6% fineness.
For scrap gold, London Gold Centre’s guidance is simpler: multiply weight in grams by karat purity by live price per gram (London Gold Centre). So a 10g piece of 22ct becomes: 10 × 0.916 × £X per gram.
How much is the 10 gram gold price today in the UK?
Live 22ct 10g rates
Goldealers.co.uk reports 22ct gold at £63.22 per gram as of 10 June 2026 — a notably lower figure than the £90+ range from other dealers. Their 22ct gold at 916 fineness is listed at £1,966.63 per troy ounce (Goldealers.co.uk). That discrepancy likely reflects a different calculation method or a specific buyer/seller context.
Chards.co.uk, another established UK dealer, quoted gold at £2,409.38 per ounce with a 24-hour high of £2,428.29 and low of £2,388.01 (Chards.co.uk). Using the 22ct conversion: (2,409.38 ÷ 31.1) × 0.916 ≈ £71 per gram — another data point showing how methodology affects the final figure.
The wide spread between dealers — from £63 to £93 per gram — reflects not just market timing but differences in how each source calculates their buy and sell prices. Always confirm whether a quote is for buying, selling, or scrap before comparing.
Variations by dealer
GOLD.co.uk offers scrap gold purchasing at what they describe as market-leading prices, with phone contact available at 0121 369 3000 (GOLD.co.uk). BullionByPost quotes the current gold price at £79.92 per gram (BullionByPost), though that figure applies to 24ct rather than 22ct.
The implication: for any transaction, call ahead and confirm the exact rate for 22ct gold specifically, ask about any fees, and get the quote in writing before proceeding.
Is UK gold 22 carat?
UK gold standards
The UK uses the carat system, with 24ct representing pure gold (99.9%+). 22ct gold, therefore, is 22/24 = 91.67% pure — though most UK dealers round this to 91.6% for practical purposes. The hallmarking system in the UK is legally enforced, so any item sold as 22ct must meet that threshold.
Atkinson’s Bullion confirms that 22ct gold has a purity of 91.6% to 91.7%, derived from dividing 22 by 24 (Atkinson’s Bullion charting). To calculate 22ct gold price per ounce, you multiply the fine gold price by the 0.917 purity percentage.
22ct purity details
22ct gold is the standard for many UK jewellery pieces — it balances durability with gold content. Pure 24ct gold is too soft for everyday wear, so 22ct provides a compromise: still high gold value, hard enough for rings, chains, and bracelets. BullionByPost specifically states 22 carat gold has a purity of 91.6% (BullionByPost).
The hallmarking law means any piece of gold jewellery sold in the UK must carry a stamp indicating its caratage. For 22ct, look for a “22K” or “916” stamp — the latter refers to the fineness (916 parts per 1,000).
How much is 22 carat gold per gram today in the UK?
9ct to 24ct comparison
For context, here’s how 22ct sits relative to other purities. ScrapGoldUK.co.uk pays £37.76 per gram for 9ct gold, £92.24 per gram for 22ct, and £100.70 per gram for 24ct (ScrapGoldUK.co.uk). London Gold Centre lists 24ct gold at £120.77 per gram (London Gold Centre).
The spread between 9ct and 22ct is roughly 2.4×, and between 22ct and 24ct it’s about 1.1–1.3× depending on current spot. BullionByPost reports gold’s 3-month trading range between £75.65 and £82.83 per gram (BullionByPost), showing significant volatility within a relatively short window.
Updates every few seconds
Live gold pricing changes constantly as global markets move. BullionByPost updates its scrap gold rates every two minutes (BullionByPost), while London Gold Centre’s recorded fine gold price on 16 May 2026 was £3,755.97 per ounce at 21:42 GMT (London Gold Centre).
The pattern: dealer rates lag slightly behind global spot because they build in their margin. But when spot moves significantly, you’ll see dealer rates adjust within minutes, not hours. For any high-value transaction, check multiple dealers within the same short window to get the best spread.
Below is a comparison across major UK dealers showing how 22ct and 24ct prices differ by source and calculation method.
| Carat | Purity | Per Gram (Scrap) | Per Gram (Bullion) | Source |
|---|---|---|---|---|
| 9ct | 37.5% | £37.76 | — | ScrapGoldUK |
| 22ct | 91.6% | £90.36–£92.24 | £110.63+ | Gold-Traders, ScrapGoldUK, London Gold Centre |
| 24ct | 99.9% | £100.70 | £120.77 | ScrapGoldUK, London Gold Centre |
| Fine gold (spot) | 99.9%+ | £79.92–£82.83/g | — | BullionByPost, Atkinson’s Bullion |
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gold.co.uk, bullionbypost.co.uk, gerrardsbullion.com, royalmint.com
Live 22 carat prices per 10 grams in the UK closely mirror trends shown in the live UK gold rates by carat, spanning 9ct through 24ct purities for precise comparisons.
Frequently asked questions
What affects 22ct gold prices in the UK?
Multiple factors drive 22ct gold pricing: global spot price of fine gold, dealer margins and spreads, currency fluctuations (GBP vs USD), the form of gold (scrap jewellery vs minted bars), and market timing. BullionByPost’s 3-month range of £75.65–£82.83/gram shows how volatile the market can be even within a quarter.
How often do gold prices update?
BullionByPost updates its scrap gold rates every two minutes. Most UK dealers refresh their live prices on similar cadences — some continuously, others at fixed intervals. Global spot prices, which feed into dealer calculations, change by the second during market hours.
Where to buy 22ct gold bullion in London?
Established London-based dealers include BullionByPost (online with London operations), Atkinson’s Bullion (Mayfair-based with live price feeds), and GOLD.co.uk (market-leading scrap rates, phone: 0121 369 3000). For in-person transactions, Chards.co.uk and London Gold Centre both have physical presences. Always verify the dealer’s accreditation and compare buy-back terms before committing.
Difference between 22ct and 24ct gold?
22ct is 91.6% pure gold; 24ct is 99.9%+ pure. The 8–9% difference in gold content translates to a price gap of roughly 10–30% depending on dealer spreads. For jewellery, 22ct offers better durability. For investment, 24ct provides maximum gold content per gram — but at a higher cost per unit weight.
How to calculate scrap gold value?
The formula: weight in grams × karat purity (decimal) × current price per gram. For 10 grams of 22ct: 10 × 0.916 × £90.36 = £827.70. London Gold Centre’s guidance is the same: multiply weight by karat purity by live price per gram. Always confirm the dealer’s exact per-gram rate before calculating, as spreads vary.
Is 22ct gold hallmarked in UK?
Yes. UK hallmarking law requires all gold items sold to carry a carat stamp. For 22ct, look for “22K” or “916” (referring to 916 parts per 1,000, which is 91.6% pure). This legally guarantees the gold content and protects buyers from under-carating.
Current 24ct gold price per gram UK?
London Gold Centre listed 24ct gold at £120.77 per gram on 16 March 2026. ScrapGoldUK.co.uk pays £100.70 per gram for 24ct scrap. BullionByPost’s current gold price sits at £79.92 per gram — though that may reflect a specific calculation method or purity basis. For the most accurate 24ct rate, check a dealer’s live calculator directly.
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Kieran Doherty covers Westminster, councils, public policy and political affairs across the United Kingdom.