Gold Bar Prices

Gold bar prices move in line with the current gold prices, since the bulk of their value comes solely from the gold content of each item. The market or "spot" value of gold is determined and set each day by an independent body.

Gold Price History

Gold stayed at a reasonably steady price until a sharp rise in price in 1980 coupled with the severe economic recession when gold jumped up in price from £110.80 (Jan 1st 1979) to £320.79 (Jan 14th 1980). At the turn of the last century 2000, the Gold market settling at around $270 per troy ounce, or £185 per troy ounce.

From 2000 until 2010 gold rose to an average price of around $1100 per troy ounce, or £750 p/troy ounce. This exponential rise over 10 years in trading, whilst seeing some in-year fluctuations, presented a market rise of 407.4% in the market price of gold. This gradual and consistent rise was interpreted by many to be the modern gold rush. During this period Gold became far easier to buy and with the advent of the internet gold coins and bullion became even easier to trade