Gold Prices Plummet in Philippines Amid Market Volatility
Gold prices in the Philippines took a dip on Monday, according to data compiled by FXStreet. The price of gold per gram dropped to 8,796.22 Philippine Pesos (PHP), down from PHP 8,840.30 on Friday.
The price for gold also decreased to PHP 102,597.40 per tola, compared to the PHP 103,111.50 it cost on Friday.
FXStreet calculates gold prices in the Philippines by adapting international prices (USD/PHP) to the local currency and measurement units. Prices are updated daily based on market rates taken at the time of publication.