Gold prices in the Philippines have seen a modest rise on Wednesday, as per data compiled by FXStreet. The price of gold per gram has increased to 5,740.90 PHP, compared to the previous day’s price of 5,731.23 PHP.
Similarly, the price for 1 tola of gold has gone up to 66,962.18 PHP from 66,847.98 PHP a day earlier.
| Unit Measure | Gold Price in PHP |
|---|---|
| 1 Gram | 5,740.90 PHP |
| 10 Grams | 57,409.79 PHP |
| 1 Tola | 66,962.18 PHP |
| 1 Troy Ounce | 178,562.80 PHP |
FXStreet’s calculation method for gold prices in the Philippines takes into account international prices (USD/PHP) and adapts them to the local currency and measurement units. These rates are updated daily based on market conditions at the time of publication, though actual local prices may vary slightly due to market fluctuations.
This increase reflects the global momentum in gold prices, driven by uncertainties in international markets, including tariff concerns and geopolitical instability, which continue to support gold’s status as a safe-haven asset.
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