How many ounces of gold does it take to buy an average house in the UK?

House prices have soared in recent years. But what, asks Dominic Frisby, if you look at them using a more durable form of money – gold?

Business and financial concept
House prices are currently rising at roughly 11% a year,.
(Image credit: © Getty)

Before we get started on today’s glorious mash-up of two of our readers’ favourite subjects, I just wanted to let you know that you can now get your – FREE – tickets to come and see me and Merryn interviewing Russell Napier in Edinburgh on the evening of Saturday April 30th.

We’ll be talking in Russell’s Library of Mistakes, which has just moved to newer, larger premises (there are a lot of financial mistakes to fit in). It promises to be a fun night – the tickets are free, as I already mentioned, but there are only 60 available, so book now!

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Dominic Frisby

Dominic Frisby (“mercurially witty” – the Spectator) is as far as we know the world’s only financial writer and comedian. He is the author of the popular newsletter the Flying Frisby and is MoneyWeek’s main commentator on gold, commodities, currencies and cryptocurrencies. He has also taken several of his shows to the Edinburgh Festival Fringe.

His books are Daylight Robbery - How Tax Changed our Past and Will Shape our Future; Bitcoin: the Future of Money? and Life After the State - Why We Don't Need Government

Dominic was educated at St Paul's School, Manchester University and the Webber-Douglas Academy Of Dramatic Art. You can follow him on X @dominicfrisby