Today’s gold rate in the United Kingdom has experienced a slight decline, reflecting international market adjustments and domestic currency dynamics. As of October 29, 2025, the gold price per gram for 24K stands at £96.22, while 22K gold is priced at £88.20 per gram.
UK Gold Rate on 29 October 2025
- 24K Gold: £96.22 per gram, £962.20 per 10 grams
- 22K Gold: £88.20 per gram, £882 per 10 grams
- 18K Gold: £72.20 per gram, £722 per 10 grams
Compared to the previous day, gold prices are down by £2.18 per gram for 24K and by £2 for 22K, continuing a short-term downward correction after a period of steady increases. Over the past month, both 24K and 22K gold saw a rising trend, peaking on October 21 before adjusting downward towards the end of the month.
Market Trends and Influences
Gold remains a preferred investment in the UK, valued for its stability amidst global uncertainties and inflation concerns. The UK market sets gold prices in British Pounds but is heavily influenced by global bullion movements and the pound-to-dollar exchange rate. The last two months have seen noticeable fluctuations, with overall gains for both 24K and 22K gold.
Historical Context
October opened with 24K gold at £92.53 per gram and 22K at £84.82, closing at today’s rate of £96.22 and £88.20 respectively. This represents a roughly 4% increase for the month, underscoring gold’s resilience as an asset during variable economic cycles.
Practical Advice for Buyers
- Rates quoted above do not include local taxes or dealer margins, which may affect final purchase prices.
- Gold demand in the UK rises seasonally and during times of financial uncertainty.
- Daily price monitoring can help buyers and investors capture opportunities presented by short-term fluctuations.
Summary
Today’s gold rate update provides valuable insight for those looking to invest or purchase in the UK’s precious metals market. With both supply-side and currency factors shaping daily rates, staying informed ensures better decision-making and financial planning.