{"id":44097,"date":"2026-04-06T09:19:38","date_gmt":"2026-04-06T09:19:38","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/44097\/"},"modified":"2026-04-06T09:19:38","modified_gmt":"2026-04-06T09:19:38","slug":"fxstreet-data-indicates-gold-prices-in-the-philippines-declined-showing-a-fall-in-local-bullion-valuations","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/44097\/","title":{"rendered":"FXStreet data indicates gold prices in the Philippines declined, showing a fall in local bullion valuations"},"content":{"rendered":"Gold prices in the Philippines fell on Monday, based on FXStreet data. Gold was priced at PHP 9,078.41 per gram, down from PHP 9,115.74 on Friday.\n\nGold also dropped to PHP 105,889.60 per tola from PHP 106,324.20 per tola on Friday. Other listed prices were PHP 90,785.16 for 10 grams and PHP 282,366.10 per troy ounce.\n\n

How FXStreet Calculates Local Gold Prices<\/h3>\nFXStreet derives Philippine gold prices by converting international prices using the USD\/PHP rate and local measurement units. Prices are updated daily at the time of publication and are provided as reference, with local rates able to differ slightly.\n\nCentral banks are the largest holders of gold and reported purchases totalled 1,136 tonnes worth about $70 billion in 2022, according to the World Gold Council. This was the highest annual total since records began.\n\nGold prices can move with the US Dollar, interest rates, and market conditions, as it is priced in dollars (XAU\/USD). Gold is described as inversely correlated with the US Dollar, US Treasuries, and risk assets, and it can rise during geopolitical instability or recession fears.\n\nThe post notes that an automation tool was used to create it.\n\n

Macro Drivers To Watch<\/h3>\nWe are seeing a small dip in gold prices today, but this is likely minor noise in a larger trend. The key drivers for the coming weeks will not be daily fluctuations but macroeconomic factors like interest rate policy and central bank demand. We believe the broader environment remains supportive for gold.\n\nThe market’s attention is focused on the U.S. Federal Reserve, which is expected to begin cutting interest rates later this year. As we saw during the tightening cycle of 2024-2025, higher rates weigh on gold, so this anticipated policy pivot is creating a positive outlook for the metal. A weaker dollar often follows rate cut expectations, providing another tailwind for gold prices.\n\nWe must also watch the central banks, who continue to be major buyers and provide a strong floor for the market. After adding a near-record 1,037 tonnes in 2023, reports show this trend of de-dollarization continued through 2024 and 2025, particularly from emerging market banks. This steady, large-scale buying limits the downside for any price corrections.\n\nPersistent geopolitical instability also supports gold\u2019s role as a safe-haven asset. Lingering global tensions mean that any unexpected flare-up could trigger a rapid flight to quality, causing sharp upward price movements. We saw this pattern multiple times last year, where stock market volatility directly benefited gold holdings.\n\nFor derivative traders, this small price drop could present a tactical opportunity to build long positions. We view buying call options or establishing long futures contracts as a reasonable strategy over the coming weeks. One might also consider strategies that benefit from increased volatility, as the lead-up to Fed decisions often makes the market jumpy.\n\nCreate your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b>\n

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Start trading now – Click here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n","protected":false},"excerpt":{"rendered":"

Philippine gold prices dipped Monday: PHP 9,078.41\/gram and PHP 105,889.60\/tola, FXStreet reports, using USD\/PHP conversions daily.<\/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-44097","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\/44097","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=44097"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/44097\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=44097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=44097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=44097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}