Gold Price in Philippines Drops Amid Market Volatility
The price of gold in the Philippines declined on Friday, according to data compiled by FXStreet. The current rate stands at 8,536.51 Philippine Pesos (PHP) per gram, a decrease from Thursday's price of PHP 8,586.51.
This decline also translates to PHP 99,568.21 per tola, down from the previous day's price of PHP 100,151.40 per tola.
FXStreet calculates gold prices in the Philippines by adapting international prices (USD/PHP) to the local currency and measurement units.