United Kingdom · GBP · Sunday, June 8, 2008

Gold Price in United KingdomJune 8, 2008

On June 8, 2008, gold in United Kingdom closed at approximately £461 per troy ounce — about £173 per tola or £15 per gram. The figure is computed from the verified international XAU/USD spot price ($909.44/oz) × the day's GBP/USD exchange rate.

GBP / Troy Ounce

£461

31.1035 g

GBP / Gram

£15

1 g

GBP / Tola

£173

11.664 g

All unit prices on June 8, 2008United Kingdom

UnitWeightGBP price
Troy ounce31.1035 g£461
Gram1.0000 g£15
10 grams10 g£148
Kilogram1,000 g£14,815
Tola11.664 g£173
Computed from XAU/USD ($909.44/oz) × the day's GBP/USD rate (0.5067). Pure metal value only — excludes local taxes, dealer making charges, and any retail mark-up.

Karat-purity breakdown — June 8, 2008

KaratPer gramPer 10gPer tola
24K£15£148£173
22K£14£136£158
21K£13£130£151
18K£11£111£130
14K£9£87£101
10K£6£62£72

Surrounding ±15 trading days — GBP

31 sessions
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Daily GBP-equivalent gold price for the trading sessions surrounding June 8, 2008. Useful for spotting whether this date sat at a local high, local low, or mid-range within the broader trend. The chart applies the same FX rate (0.5067) consistently across the window.

Price action on June 8, 2008

1-day move

+2.13%

vs prior session

7-day move

+2.38%

rolling week

30-day move

+4.96%

rolling month

YTD

+2.23%

since 1 Jan 2008

Calendar position

Day 160 of 366

Trading day

138th of 316

Position in 2008's range

61% (low $712.50 → high $1,032.85)

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 (£)

June 8 in other years — United Kingdom

June 8, 2008 gold price in other countries

How this June 8, 2008 United Kingdom price is calculated

International benchmark. The XAU/USD spot price for June 8, 2008 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 $909.44/oz.

Currency conversion. The GBP/USD exchange rate for the same date comes from exchangerate-api.com. We apply that day's exact rate (0.5067) 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 June 8, 2008 would have been a few percent above this number once those costs are included.

FAQ — United Kingdom gold price on June 8, 2008

What was the gold price in United Kingdom on June 8, 2008?

On June 8, 2008 (Sunday), gold in United Kingdom traded at approximately £461 per troy ounce. That works out to about £15 per gram, £173 per tola, and £148 per 10 grams. The figure is derived from international XAU/USD spot of $909.44/oz × the day's GBP/USD exchange rate of 0.5067.

What was the 24K gold rate per tola in United Kingdom on June 8, 2008?

The 24K gold rate per tola in United Kingdom on June 8, 2008 was approximately £173 (99.9% pure metal value). This excludes local taxes, dealer making charges and any country-specific levies — those add on top to produce the final retail rate.

What was the 9K gold rate in United Kingdom on June 8, 2008?

United Kingdom's most-quoted retail standard is 9K per gram. On June 8, 2008, that pure-metal value was approximately £9. Add country-specific taxes and making charges (see the market-context section above) for the final retail rate.

How accurate is this number versus what jewellers were quoting?

The £ figure on this page is the verified international XAU/USD spot price for June 8, 2008 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 June 8, 2008 a trading day?

Yes — June 8, 2008 was the 138th trading session of 316 for 2008 on the international gold market. Sundays 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 June 8, 2008 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 June 2008 in United Kingdom, see the full 2008 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.