Gold prices in the Philippines declined on Monday to PHP 8,470.15 per gram, down from PHP 8,483.27 the previous day.
This decrease marks a downward trend for the precious metal, which is often seen as a safe-haven asset during times of economic uncertainty.
The price of gold in other units also decreased, with one tola falling to PHP 98,794.27 from PHP 98,947.18 on Friday.
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