In the UK, as in global markets, gold prices can change multiple times throughout the day. These fluctuations are driven by live trading activity on major exchanges like the London Bullion Market Association (LBMA) and COMEX, where gold is traded nearly 24 hours a day across time zones.
Live Updates: Intraday Movements
Gold prices typically update every few seconds on financial platforms and bullion dealer websites.
These changes reflect ongoing shifts in global supply and demand, currency exchange rates, geopolitical developments, and investor sentiment.
Daily Benchmarks
The LBMA sets a twice-daily gold price fix (once in the morning and once in the afternoon) known as the London Gold Fixing, used as a reference point by many institutions and jewellers.
However, this is a benchmark, not a cap—retail prices continue to fluctuate in real time around this fix.
Key Factors That Influence Frequency of Change
USD/GBP exchange rate fluctuations
Real-time market speculation
Central bank decisions and interest rate changes
Inflation data and global economic reports
