Gold Price Today in the Philippines
Live gold spot price in Philippine pesos per troy ounce, gram, and kilogram. Updated daily with market analysis, historical context, and expert insights for Filipino gold investors, jewelers, and consumers.
📊 Updated daily · Next update: August 8, 2026
Gold Price in PHP by Weight & Karat
| Weight | 24K (99.9%) | 22K (91.6%) | 18K (75%) | 14K (58.3%) |
|---|---|---|---|---|
| 1 Gram | ₱8,490.62 | ₱7,777.41 | ₱6,367.96 | ₱4,950.03 |
| 5 Grams | ₱42,453.10 | ₱38,887.04 | ₱31,839.82 | ₱24,750.16 |
| 10 Grams | ₱84,906.20 | ₱77,774.08 | ₱63,679.65 | ₱49,500.31 |
| 1 Troy Ounce | ₱264,087.99 | ₱241,904.60 | ₱198,065.99 | ₱153,963.30 |
| 50 Grams | ₱424,530.99 | ₱388,870.39 | ₱318,398.24 | ₱247,501.57 |
| 1 Kilogram | ₱8,490,613.80 | ₱7,777,402.24 | ₱6,367,960.35 | ₱4,950,027.85 |
Philippine Gold Market Overview
🇵🇭 Gold in the Philippines
The Philippines has a rich gold mining heritage dating back centuries. The country is home to significant gold deposits, with major mining operations in Benguet, Masbate, and Surigao. The Bangko Sentral ng Pilipinas (BSP) actively manages gold reserves and purchases gold from small-scale miners through its Gold Buying Program. The Philippines is both a gold producer and a significant consumer market.
Filipino gold culture is deeply rooted in tradition, with gold jewelry being a preferred form of savings and investment, particularly in rural areas. Pawnshops play a significant role in the gold ecosystem, offering gold loans and buying scrap gold. The jewelry industry is centered in Meycauayan, Bulacan — known as the jewelry capital of the Philippines.
📊 Key Market Factors for PHP Gold
PHP/USD Exchange Rate: The peso-dollar rate directly impacts domestic gold prices. A weaker PHP increases local gold prices. The BSP manages exchange rate volatility through monetary policy.
BSP Gold Program: The central bank's gold buying from small-scale miners influences local supply. BSP purchases at international prices, providing a price floor for domestic producers.
Remittances: OFW remittances (over $30 billion annually) fuel gold demand, particularly during holiday seasons. Gold is a traditional investment for returning overseas workers.
Local Mining: Philippine gold production affects regional supply. Environmental regulations and mining policies impact domestic availability and premiums.
How to Buy Gold in the Philippines
🏦 BSP & Authorized Dealers
The Bangko Sentral ng Pilipinas sells gold bars through authorized dealers. Major banks including BDO, Metrobank, and BPI offer gold investment products. Look for BSP-certified gold with proper documentation for authenticity.
💍 Jewelry & Pawnshops
Meycauayan, Bulacan is the center of Philippine gold jewelry manufacturing. Major pawnshop chains like Cebuana Lhuillier and Palawan Pawnshop buy and sell gold. Always verify karat markings and compare prices across multiple sellers.
📈 Digital & Modern Options
GCash and Maya offer digital gold investment platforms allowing fractional purchases starting at small amounts. PSE-listed companies and some investment platforms provide gold exposure. Digital gold is gaining popularity among younger Filipino investors.
Philippine Gold Price History
| Year | Approx Price (PHP/oz) | Key Philippine Event |
|---|---|---|
| 2000 | ₱15,500 | Asian financial recovery period |
| 2008 | ₱48,000 | Financial crisis; PHP depreciation |
| 2011 | ₱82,000 | Gold peaks; strong PHP moderates gains |
| 2018 | ₱68,000 | PHP depreciation; inflation concerns |
| 2020 | ₱100,000 | COVID pandemic; record gold in PHP |
| 2023 | ₱110,000+ | BSP rate hikes; global gold strength |
| 2024 | ₱120,000+ | Rate cut expectations; OFW demand |
Frequently Asked Questions About Philippine Gold Prices
As of August 7, 2026, 24K gold is trading at ₱264,087.99 per troy ounce in the Philippines. This is equivalent to ₱8,490.62 per gram for 24K pure gold. Prices update daily based on international markets and PHP exchange rates.
BSP-authorized dealers, major banks (BDO, BPI, Metrobank), reputable jewelry stores in Meycauayan and Ongpin Street (Binondo), and pawnshop chains like Cebuana Lhuillier. Digital gold is available through GCash and Maya apps.
Gold is popular in the Philippines as a store of value and inflation hedge. With the PHP subject to depreciation pressures and inflation concerns, gold provides wealth preservation. It's particularly valued in rural areas with limited banking access.
Gold is priced globally in USD. When the Philippine peso weakens against the dollar, PHP gold prices rise. The exchange rate is a key factor alongside international gold prices in determining local rates.
The Bangko Sentral ng Pilipinas buys gold from small-scale miners and traders at competitive international prices. This program supports the local mining industry and adds to the country's foreign reserves. It provides a reliable outlet for domestic gold producers.
Yes. GCash offers GInvest which allows buying gold through digital platforms. Maya also provides investment options. These allow fractional gold purchases starting at small amounts, making gold investment accessible to more Filipinos.
18K (75% pure) is the most common for fine jewelry in the Philippines. 14K is also popular for everyday wear. 24K (99.9%) is used for investment bars and some traditional jewelry. Always check for karat stamps or hallmarks when purchasing.
Our Philippine gold price updates once daily via GoldAPI.io with server-side caching. The spot price shown is before dealer premiums and making charges. Actual retail prices may vary.