How Much Is a 18K Gold Chain Worth in Pounds (£)?
A 18K gold chain is worth £231–£3,086 in pounds today
(Based on spot $4,294/oz · 1 USD = £0.7450 · Updated June 14, 2026)
- Typical weight
- 3–40 g
- Melt value
- £77.14/g
- Pawnbroker (typical)
- £116–£2,160
- Mail-in buyer (typical)
- £185–£2,839
Estimates convert USD spot to GBP using a live exchange rate. Not financial advice, not a purchase offer, and not a guarantee of what any UK buyer will pay.
Gold chains range from delicate 3g pieces to thick 40g+ chains. Cuban links and rope chains are typically heavier.
Chains are frequently sold by the gram at UK buyers; clasps may be 375 while tags are steel—ask how non-gold parts are treated.
For a typical weight in the common range, ~5 g of 18K gold might melt around £385.71 at current spot in pounds—highly variable by actual weight and condition.
Common variations that change weight
- Length and link style drive chain weight; the same style can vary by size class.
- Clasps and tags may be different fineness or steel—buyers may test or deduct them.
18K (750) is the premium UK fineness for many fine jewellers—common on engagement rings and higher-end pieces.
Gold Value Calculator
Adjust this price to project a future value. 24K per troy oz.
Total gold value£385.70
Current 18K price • £77.14/gram • £2399.32/oz
Formula: weight × karat multiplier × spot price. 14K = 0.585, 18K = 0.75, 10K = 0.417.
USD spot converted to your selected currency at live exchange rates. Adjust weight, unit, or karat to explore scenarios.
Calculate exact scrap payout →
What UK buyers might pay (typical ranges)
Based on typical melt for ~5g (£385.71). Not a quote.
| Buyer type | Typical % of melt | Est. offer (£) |
|---|---|---|
| Pawn shop | 50–70% | £192.85 – £269.99 |
| Local gold buyer / jeweler | 65–80% | £250.71 – £308.56 |
| Online / mail-in buyer | 80–92% | £308.56 – £354.85 |
| Refinery (bulk / high volume) | 88–95% | £339.42 – £366.42 |
Ranges are common UK experience bands; pawnbrokers and mail-in buyers vary. Not a quote.
18K Chain — melt range by style (GBP)
Same GBP per-gram rate for 18K on this page. Stones and non-gold parts excluded.
| Style / size | Weight (g) | Approx. melt (£) |
|---|---|---|
| Thin chain | 3–8 (typ. ~5) | £231.42 – £617.13 |
| Medium chain | 8–18 (typ. ~12) | £617.13 – £1,388.54 |
| Thick chain | 18–40 (typ. ~25) | £1,388.54 – £3,085.65 |
How we calculate melt in pounds
We start from the same USD spot basis as our US pages, then multiply by the live USD→GBP rate (1 USD = £0.7450). For 18K: weight in grams × £77.14/g ≈ melt in pounds before any buyer haircut.
Same chain, different karat
Other 18K jewelry types (GBP)
See this in US dollars: 18K gold chain value in USDEUR: Same piece in euros (€)
Related links
- 18K gold price per gram (overview)
- All 18K gold value topics (USD)
- UK hallmarks guide (375, 585, 750)
- How to sell gold
- 18K gold price overview
FAQ
- How much is a 18K gold chain worth in pounds?
- A typical 18K gold chain (3–40g) melts around £231–£3,086 at today's spot in GBP (£77.14/g for 18K). Stones and buyer discounts are excluded.
- Why is there a weight range for Chains?
- Styles vary: chain thickness, ring size, and hollow vs solid construction change grams. Use the table on this page as a reference, then weigh your item on a jewellery scale.
- Is this a cash offer from a UK buyer?
- No. Amounts are melt-value estimates from spot gold converted to GBP—not an offer to purchase. Pawnbrokers and mail-in services apply their own percentage of melt.