Commodities
Gold Prices in Philippines Rise Amid Global Market Volatility
The gold price in the Philippines rose on Monday, July 27, according to data compiled by FXStreet. The current price of gold stands at PHP 8,120.57 per gram, a notable increase from Friday's rate of PHP 8,044.82 per gram.
This rise in gold prices also applies to other units of measurement, with the price increasing to PHP 94,716.77 per tola from PHP 93,833.15 per tola on the previous day.
It's worth noting that FXStreet calculates gold prices in the Philippines by adapting international prices (USD/PHP) to the local currency and measurement units.