United Kingdom · GBP · Wednesday, December 8, 1999
Gold Price in United Kingdom — December 8, 1999
On December 8, 1999, the international gold spot price was $281.00 per troy ounce. Local GBP conversion for United Kingdom requires a verified same-day exchange rate, which isn't currently available for this date — try a nearby trading day using the navigation below.
GBP exchange-rate data is unavailable for this date. The international XAU/USD price is shown below; local-currency conversions for United Kingdomcan't be computed accurately for December 8, 1999 without a verified GBP/USD rate.
GBP / Troy Ounce
—
31.1035 g
GBP / Gram
—
1 g
GBP / Tola
—
11.664 g
All unit prices on December 8, 1999 — United Kingdom
| Unit | Weight | GBP price |
|---|---|---|
| Troy ounce | 31.1035 g | — |
| Gram | 1.0000 g | — |
| 10 grams | 10 g | — |
| Kilogram | 1,000 g | — |
| Tola | 11.664 g | — |
Price action on December 8, 1999
1-day move
vs prior session
7-day move
rolling week
30-day move
rolling month
YTD
since 1 Jan 1999
Calendar position
Day 342 of 365
Trading day
289th of 309
Position in 1999's range
39% (low $252.80 → high $325.50)
The United Kingdom gold market
The UK retail gold market quotes per gram, with 9K being the historically dominant jewellery standard alongside 18K and 22K. Investment-grade gold (bars and coins, ≥99.5% purity) is VAT-exempt under the EU Gold Directive (preserved post-Brexit). Sovereigns and Britannia coins issued by The Royal Mint also enjoy capital-gains-tax exemption for UK residents.
Standard quote unit
gram
Common purity
9K
Currency
GBP (£)
December 8 in other years — United Kingdom
December 8, 1999 gold price in other countries
How this December 8, 1999 United Kingdom price is calculated
International benchmark. The XAU/USD spot price for December 8, 1999 comes from gold-api.com's historical archive — the London PM-fix benchmark, which is the reference used by central banks and bullion dealers globally. On this date, that price was $281.00/oz.
Currency conversion. The GBP/USD exchange rate for the same date comes from exchangerate-api.com. We apply that day's exact rate (—) to the USD price — not a year-average or month-end approximation. This makes the £ figure on this page accurate to the trading session.
Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417). We never compound rounding errors by going through intermediate units.
What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in United Kingdom, add the country-specific levies described in the “United Kingdom gold market” section above. The retail rate at a jeweller in United Kingdom on December 8, 1999 would have been a few percent above this number once those costs are included.
FAQ — United Kingdom gold price on December 8, 1999
What was the gold price in United Kingdom on December 8, 1999?
United Kingdom historical archive for December 8, 1999 — exact prices may be unavailable if the date fell on a market holiday.
What was the 24K gold rate per tola in United Kingdom on December 8, 1999?
Tola-based 24K gold rate computation requires both the day's XAU/USD spot and GBP/USD FX, one of which is missing for this date.
What was the 9K gold rate in United Kingdom on December 8, 1999?
Retail karat rate for this date is unavailable.
How accurate is this number versus what jewellers were quoting?
The £ figure on this page is the verified international XAU/USD spot price for December 8, 1999 multiplied by the day's exchange rate. It represents the pure metal value at international parity — what a London-fix benchmark would have implied. Local jewellers add (1) import duties + sales tax / VAT, (2) dealer making charges (typically 3–12% of metal value), and (3) any premium for purity certification. Final retail rates in United Kingdom typically sit a few percent above this number.
Was December 8, 1999 a trading day?
Yes — December 8, 1999 was the 289th trading session of 309 for 1999 on the international gold market. Wednesdays are typically active trading days unless they fall on a major holiday.
Want today's rate in United Kingdom? See live gold prices in United Kingdom with minute-by-minute updates and full karat breakdowns. To compare this archive figure against the live rate, that's where to go.
Different unit on this same date? The USD-only daily archive for December 8, 1999 includes per-day prices in 100+ other currencies and is the canonical reference page for this date.
Browse the archive. Step through every day of December 1999 in United Kingdom, see the full 1999 archive, or use our tola, gram and karat calculators for live calculations against today's rate.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested date, converted to GBP at the same day's exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in United Kingdom before transacting.