The market

Live Gold Price

The gold price, live

Gold in sterling, as it trades. Switch to dollars, or stretch the range from a day to five years.

Charts are provided by TradingView and are indicative of the market, not of a WG Bullion buying or selling price.

Every price on this site moves with the London market. Every published price is the same for everybody: there is no members' rate and no price held back for a phone call.

How a price is built

Gold trades at a spot price per troy ounce. Above that sits a premium covering minting, distribution and our margin. Premium varies by coin: fractional coins carry more per gram than a full ounce, because you are paying for the striking as much as the metal, and coins bought as a series rather than as bullion sit higher again.

Because premium moves with size, compare coins on the price per gram of fine gold rather than on the ticket price. A full Sovereign and a half Sovereign hold very different amounts of gold for prices that do not differ by half.

Why the price changes while you look

Because the metal does. Quotations refresh against the live market, so a figure quoted this morning is not binding this afternoon. The price you are shown when you order is the price you pay.

Fine gold, not gross weight

You pay for fine gold content, which is not the same as what the coin weighs. A Sovereign weighs 7.98 grams but holds 7.32 grams of fine gold, the balance being copper alloy. A .9999 Britannia weighing one troy ounce holds one troy ounce. Every listing states both.

What we pay when we buy back

We buy back anything we sell. The buying price is worked out on the fine gold content of the coin, valued at the live spot price, less our buying margin: the calculator on the selling page works at 98% of spot and shows the figure before you commit anything.

So a full Sovereign holding 7.32 grams of fine gold is 7.32 divided by 31.1035 of an ounce, multiplied by the spot price, multiplied by 0.98. Nothing else is deducted. The gap between what we pay and what we charge is how the business earns, and it is narrower on larger, more liquid coins.

That figure is the gold in the coin and nothing else. It does not value date, mintmark or condition — see Condition & authentication for why that distinction matters on an older coin.

A buying figure is only good for the market it was given in. Gold moves during the day, so a quotation given in the morning is not binding in the afternoon.

Large orders

Above a certain order size the premium is negotiable, and it is worth writing to the desk rather than ordering online. That is a quote given alongside the published price, not a different price for different customers: the published price stays the same for everyone who orders on the site.

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