How often are gold and silver prices updated?
Our gold and silver prices are updated daily at 3 AM GMT, pulling live prices from over 20 trusted UK bullion dealers including The Royal Mint, BullionByPost, and Hatton Garden Metals. This ensures you always see current market prices.
Which UK bullion dealers do you compare?
We compare prices from The Royal Mint, BullionByPost, Hatton Garden Metals, Atkinsons Bullion, Chards, Baird & Co, Gold.co.uk, BullionVault, GoldCore, The Gold Bullion Company, Sharps Pixley, ATS Bullion, UKBullion, Bleyer Bullion, Physical Gold, Silver Traders, and many other established UK dealers.
Are the prices shown inclusive of VAT?
Yes, all prices shown include VAT where applicable. Investment gold (bars 99.5%+ pure and coins 90%+ pure) is VAT-free in the UK under HMRC rules. Silver products include 20% VAT which is already factored into our displayed prices.
What's the difference between Gold Britannias and Sovereigns?
Gold Britannias are 1oz coins of 999.9 fine gold (24 carat), while Sovereigns are smaller at 7.98g of 916.7 fine gold (22 carat). Both are UK legal tender and CGT-exempt, but Britannias offer better value for larger investments while Sovereigns provide more flexibility with their lower entry cost.
Why are Gold Britannias and Sovereigns CGT-free?
As UK legal tender coins, Gold Britannias and Sovereigns are exempt from Capital Gains Tax under UK law. This tax advantage makes them particularly attractive for UK investors compared to gold bars or foreign coins which are subject to CGT on profits above £6,000.
How do I buy gold or silver from these dealers?
Click the "View Deal" button for our affiliate partners or "Visit Site" for other dealers. You'll be taken directly to their website where you can complete your purchase. Always verify current prices and delivery costs on the dealer's site.
Why do gold prices vary between dealers?
Gold prices vary due to different dealer premiums (3-8% typically), stock levels, buying volumes, operational costs, and market positioning. Larger dealers often offer lower premiums due to economies of scale, while smaller specialists might charge more but offer better service.
Is it safe to buy gold online in the UK?
Yes, buying from established UK dealers is safe. Look for BNTA membership, Companies House registration, secure payment methods, and insured delivery. All dealers we list have physical UK presence and established track records. Never buy from unverified social media sellers.
What's the minimum investment for gold in the UK?
You can start investing in gold from around £500 for a Sovereign, £650 for a 10g bar, or £2,000+ for a 1oz Britannia. Silver offers lower entry points from £30 for a 1oz coin. Consider monthly accumulation plans offered by some dealers for gradual investing.
Should I buy gold coins or gold bars?
Gold coins like Britannias offer CGT exemption and better liquidity but carry higher premiums. Gold bars have lower premiums but are subject to CGT and may be harder to sell. For UK investors, CGT-free coins often provide better after-tax returns despite higher initial costs.
How do I store physical gold safely?
Options include home safes (ensure adequate insurance), bank safety deposit boxes (£200-500/year), or allocated storage with bullion dealers (0.5-1% annually). For larger holdings, professional vaulting provides insurance and liquidity advantages.
When is the best time to buy gold?
Gold is a long-term investment hedge rather than a timing play. Consider regular accumulation to average your cost basis. Historically, gold performs well during economic uncertainty, inflation, and currency devaluation. Current factors include inflation, geopolitical tensions, and central bank buying.