Gold Price Per Gram and Troy Ounce in GBP
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Latest London Bullion Fix per t/oz (GBP):
The most recent price fixes as of are:
Gold: £
Silver: £
Gold
Gold is a highly valued yellow metal with a high lustre and unique properties. It has been traded and sought for at least the last 5,000 years of human history. It is used for the making of Jewellery items and in the minting of coins, and is a store of both personal and national wealth. Many central banks throughout the world hold it in reserve.
In its natural form, Gold will almost always contain traces of Silver, and may also contain small amounts of copper or iron. A natural nugget usually contains between 70 and 95% of the bright yellow metal.
When alloyed with Silver and other precious metals, its colour will appear as a brilliant white, and in its purest refined form, Gold is a bright yellow and highly reflective metal with a high lustre.
Modern mining processes will usually refine Gold from ore, which is often brown in colour, and from rock or white Quartz. The traces of the metal are extracted by crushing and separating the subsequent contents as necessary.
Gold is one of the heaviest and most dense metals in its purest form, and it has a specific gravity of 19.3, which makes it heavier than lead.
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