Commodities
Gold Prices in Philippines Rise to PHP 8,689.83 per Gram
The price of gold in the Philippines rose on August 17, according to data compiled by FXStreet. The current price for gold stands at 8,689.83 Philippine Pesos (PHP) per gram, a slight increase from the previous day's rate of PHP 8,658.60.
This change translates to an increase in the price for gold to PHP 101,352.50 per tola from PHP 100,992.20 on Friday. The updated prices are as follows: 1 gram = 8,689.83 PHP, 10 grams = 86,894.02 PHP, and 1 troy ounce = 270,284.30 PHP.
FXStreet calculates gold prices in the Philippines by adapting international prices (USD/PHP) to the local currency and measurement units. The prices are updated daily based on market rates taken at the time of publication.