{"id":30294,"date":"2026-03-10T08:59:53","date_gmt":"2026-03-10T08:59:53","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/30294\/"},"modified":"2026-03-10T08:59:53","modified_gmt":"2026-03-10T08:59:53","slug":"according-to-compiled-data-gold-prices-in-the-philippines-increased-with-bullion-climbing-higher-overall-today","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/30294\/","title":{"rendered":"According to compiled data, gold prices in the Philippines increased, with bullion climbing higher overall today"},"content":{"rendered":"Gold prices rose in the Philippines on Tuesday, based on FXStreet data. Gold was priced at PHP 9,841.95 per gram, up from PHP 9,794.37 on Monday.\n\nGold increased to PHP 114,794.70 per tola from PHP 114,239.60 the day before. FXStreet also listed PHP 98,419.57 for 10 grams and PHP 306,119.00 per troy ounce.\n\n<h3>How FXStreet Calculates Local Gold Prices<\/h3>\nFXStreet converts international gold prices into Philippine pesos using the USD\/PHP exchange rate and local units. Prices are updated daily at the time of publication and are provided as reference, as local rates may differ slightly.\n\nGold has long been used as a store of value and a medium of exchange, and it is also used in jewellery. It is often used as a hedge against inflation and weakening currencies.\n\nCentral banks hold the most gold and added 1,136 tonnes worth about $70 billion in 2022, according to the World Gold Council. This was the highest annual purchase since records began.\n\nGold often moves in the opposite direction to the US Dollar and US Treasuries, and it can also move against risk assets. Price drivers include geopolitical events, recession concerns, interest rates, and US Dollar movements, since gold is priced in dollars (XAU\/USD).\n\n<h3>Key Market Drivers For Gold<\/h3>\nThe recent increase in gold prices is part of a larger trend we are monitoring closely. We saw the Federal Reserve begin a cycle of modest interest rate cuts in late 2025, which has made non-yielding assets like gold more attractive. This shift reduces the opportunity cost of holding the metal, a fundamental driver that derivative traders must consider for the coming weeks.\n\nWe should also factor in the powerful and consistent demand from central banks, which is creating a solid price floor. Looking at the full data for 2025, central banks globally added over 1,030 tonnes to their official gold reserves, the second-highest annual purchase on record. This sustained buying, especially from emerging market banks, provides strong underlying support against significant price drops.\n\nThis trend is happening as the US Dollar continues a period of softness, reinforcing the metal&#8217;s traditional inverse relationship. The US Dollar Index (DXY) is trading near its lowest levels in five months, and any further weakness will directly boost gold priced in dollars. Heightened geopolitical risks are also encouraging flight-to-safety flows, further strengthening the case for gold.\n\nGiven these factors, we see opportunities in long-biased derivative strategies. Traders could consider buying call options or establishing bull call spreads on major gold ETFs to capitalize on potential upside movement while managing risk. The current market structure suggests a potential retest of the highs seen in December of 2025, making these bullish positions particularly timely.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>Philippine gold prices rose Tuesday, FXStreet reports, as investors watched peso rates, inflation hedges, and global demand.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-30294","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=30294"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30294\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=30294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=30294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=30294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}