United Kingdom · GBP · Wednesday, October 29, 2014
Gold Price in United Kingdom — October 29, 2014
On October 29, 2014, gold in United Kingdom closed at approximately £758 per troy ounce — about £284 per tola or £24 per gram. The figure is computed from the verified international XAU/USD spot price ($1,223.50/oz) × the day's GBP/USD exchange rate.
GBP / Troy Ounce
£758
31.1035 g
GBP / Gram
£24
1 g
GBP / Tola
£284
11.664 g
All unit prices on October 29, 2014 — United Kingdom
| Unit | Weight | GBP price |
|---|---|---|
| Troy ounce | 31.1035 g | £758 |
| Gram | 1.0000 g | £24 |
| 10 grams | 10 g | £244 |
| Kilogram | 1,000 g | £24,357 |
| Tola | 11.664 g | £284 |
Karat-purity breakdown — October 29, 2014
| Karat | Per gram | Per 10g | Per tola |
|---|---|---|---|
| 24K | £24 | £243 | £284 |
| 22K | £22 | £223 | £260 |
| 21K | £21 | £213 | £249 |
| 18K | £18 | £183 | £213 |
| 14K | £14 | £142 | £166 |
| 10K | £10 | £102 | £118 |
Surrounding ±15 trading days — GBP
Price action on October 29, 2014
1-day move
vs prior session
7-day move
rolling week
30-day move
rolling month
YTD
since 1 Jan 2014
Calendar position
Day 302 of 365
Trading day
261st of 316
Position in 2014's range
33% (low $1,142.00 → high $1,392.32)
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 (£)
October 29 in other years — United Kingdom
October 29, 2014 gold price in other countries
How this October 29, 2014 United Kingdom price is calculated
International benchmark. The XAU/USD spot price for October 29, 2014 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 $1,223.50/oz.
Currency conversion. The GBP/USD exchange rate for the same date comes from exchangerate-api.com. We apply that day's exact rate (0.6192) 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 October 29, 2014 would have been a few percent above this number once those costs are included.
FAQ — United Kingdom gold price on October 29, 2014
What was the gold price in United Kingdom on October 29, 2014?
On October 29, 2014 (Wednesday), gold in United Kingdom traded at approximately £758 per troy ounce. That works out to about £24 per gram, £284 per tola, and £244 per 10 grams. The figure is derived from international XAU/USD spot of $1,223.50/oz × the day's GBP/USD exchange rate of 0.6192.
What was the 24K gold rate per tola in United Kingdom on October 29, 2014?
The 24K gold rate per tola in United Kingdom on October 29, 2014 was approximately £284 (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 October 29, 2014?
United Kingdom's most-quoted retail standard is 9K per gram. On October 29, 2014, that pure-metal value was approximately £14. 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 October 29, 2014 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 October 29, 2014 a trading day?
Yes — October 29, 2014 was the 261st trading session of 316 for 2014 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 October 29, 2014 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 October 2014 in United Kingdom, see the full 2014 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.