Gold Price in GBP — August 2026
Daily historical rates, monthly averages, and trend analysis in British Pound (GBP)
Opening Price
£96.38
per gram, 24K
Closing Price
£110.32
per gram, 24K
Monthly Average
£103.87
per gram, 24K
Highest
£110.32
Aug 25
Lowest
£96.38
Aug 2
Monthly Change
+14.46%
£13.94 rose
Across the 25 trading days recorded in August 2026, 24K gold (99.9% pure bullion) in British Pound opened the month at £96.38 per gram and closed at £110.32 per gram, a net rose of £13.94 (14.46%) over the month. The average daily closing price for the period was £103.87 per gram, giving a useful benchmark for anyone auditing purchases or valuations made during this window.
Prices were most volatile around the extremes of the range: the month's high of £110.32 per gram was recorded on Tuesday, August 25, 2026, while the low of £96.38 per gram fell on Sunday, August 2, 2026. That puts the intra-month trading range at £13.94 per gram, or 14.46% of the low, which is a reasonable proxy for how much short-term volatility affected the market this month.
Purity matters as much as timing when valuing gold. Using August 2026's closing rate, 22K gold (91.67% pure — the standard for jewelry worldwide) closed at approximately £101.13 per gram, 21K (87.5% pure, common across the Gulf) at £96.53 per gram, and 18K (75% pure, favored for its durability in fine jewelry) at £82.74 per gram. In trade units beyond the gram, the closing 24K rate converts to roughly £1,286.75 per tola (the standard unit across South Asia and the Middle East), £3,431.34 per troy ounce (the international spot-market unit), and £110,320 per kilogram.
Against the previous month's close of £96.57 per gram, gold gained 14.23% by the end of August 2026. Tracking this kind of month-over-month movement is one of the more reliable ways to judge whether a longer-term trend is forming, rather than reacting to a single day's price swing.
This data reflects raw international spot-market closing rates and does not include local retail premiums, making charges, or import duties that jewelers and dealers typically add. It is best used for portfolio audits, insurance valuations, scrap-gold ROI calculations, and understanding broad price trends — for an actual buy or sell quote, cross-reference against a local dealer's rate for the same date.
Daily Gold Prices — August 2026
| Date | 24K/g | 22K/g | 21K/g | 18K/g | Tola | Troy Oz | Kilogram |
|---|---|---|---|---|---|---|---|
| Sat, Aug 1 | £96.38 | £88.35 | £84.33 | £72.28 | £1,124.15 | £2,997.74 | £96,379 |
| Sun, Aug 2 | £96.38 | £88.35 | £84.33 | £72.28 | £1,124.15 | £2,997.74 | £96,379 |
| Mon, Aug 3 | £96.98 | £88.90 | £84.85 | £72.73 | £1,131.12 | £3,016.32 | £96,977 |
| Tue, Aug 4 | £97.47 | £89.35 | £85.28 | £73.10 | £1,136.83 | £3,031.54 | £97,466 |
| Wed, Aug 5 | £101.39 | £92.94 | £88.72 | £76.04 | £1,182.60 | £3,153.60 | £101,390 |
| Thu, Aug 6 | £101.45 | £93.00 | £88.77 | £76.09 | £1,183.33 | £3,155.54 | £101,453 |
| Fri, Aug 7 | £103.36 | £94.75 | £90.44 | £77.52 | £1,205.53 | £3,214.74 | £103,356 |
| Sat, Aug 8 | £103.46 | £94.84 | £90.53 | £77.59 | £1,206.72 | £3,217.92 | £103,459 |
| Sun, Aug 9 | £103.65 | £95.01 | £90.69 | £77.74 | £1,208.91 | £3,223.78 | £103,647 |
| Mon, Aug 10 | £104.41 | £95.71 | £91.36 | £78.31 | £1,217.83 | £3,247.56 | £104,411 |
| Tue, Aug 11 | £104.05 | £95.38 | £91.04 | £78.04 | £1,213.61 | £3,236.29 | £104,049 |
| Wed, Aug 12 | £105.13 | £96.38 | £91.99 | £78.85 | £1,226.27 | £3,270.04 | £105,134 |
| Thu, Aug 13 | £103.68 | £95.04 | £90.72 | £77.76 | £1,209.28 | £3,224.75 | £103,678 |
| Fri, Aug 14 | £103.93 | £95.27 | £90.94 | £77.95 | £1,212.18 | £3,232.49 | £103,927 |
| Sat, Aug 15 | £103.98 | £95.32 | £90.99 | £77.99 | £1,212.84 | £3,234.24 | £103,983 |
| Sun, Aug 16 | £104.00 | £95.34 | £91.00 | £78.00 | £1,213.06 | £3,234.84 | £104,002 |
| Mon, Aug 17 | £104.92 | £96.18 | £91.81 | £78.69 | £1,223.82 | £3,263.52 | £104,924 |
| Tue, Aug 18 | £103.11 | £94.52 | £90.22 | £77.33 | £1,202.62 | £3,206.98 | £103,107 |
| Wed, Aug 19 | £106.52 | £97.65 | £93.21 | £79.89 | £1,242.46 | £3,313.24 | £106,523 |
| Thu, Aug 20 | £106.82 | £97.92 | £93.46 | £80.11 | £1,245.88 | £3,322.35 | £106,816 |
| Fri, Aug 21 | £108.75 | £99.69 | £95.15 | £81.56 | £1,268.41 | £3,382.44 | £108,748 |
| Sat, Aug 22 | £108.47 | £99.44 | £94.92 | £81.36 | £1,265.23 | £3,373.95 | £108,475 |
| Sun, Aug 23 | £108.47 | £99.44 | £94.92 | £81.36 | £1,265.23 | £3,373.95 | £108,475 |
| Mon, Aug 24 | £109.71 | £100.57 | £96.00 | £82.29 | £1,279.68 | £3,412.49 | £109,714 |
| Tue, Aug 25 | £110.32 | £101.13 | £96.53 | £82.74 | £1,286.75 | £3,431.34 | £110,320 |
August 2026 Price Insights
What was the average 24K gold price in GBP during August 2026?
The average 24K gold price in British Pound during August 2026 was approximately £103.87 per gram, based on 25 daily closing rates.
What was the highest gold price in GBP in August 2026?
Gold peaked at £110.32 per gram on August 25, 2026.
What was the lowest gold price in GBP in August 2026?
The lowest recorded 24K gold price was £96.38 per gram on August 2, 2026.
Did gold prices rise or fall in GBP during August 2026?
Gold rose by £13.94 (14.46%) over the month, opening at £96.38 and closing at £110.32 per gram.
How does August 2026 compare to the previous month?
Compared to the previous month's close of £96.57, gold gained 14.23% by the end of August 2026.
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