Asia · PHP
Gold Price in Philippines
Gold in Philippines currently has a fine-metal reference of PHP 8,493.95 per gram. Tables apply nominal karat purity and unit weights; the local conversion uses daily-reference FX, not a retail or bank offer.
Gold price in Philippines by karat
| Karat | Per oz | Per g | Per kg | Per tola |
|---|---|---|---|---|
| 24K | PHP 263,927.14 | PHP 8,485.45 | PHP 8,485,454.65 | PHP 98,972.65 |
| 22K | PHP 242,184.20 | PHP 7,786.40 | PHP 7,786,402.68 | PHP 90,819.04 |
| 21K | PHP 231,167.42 | PHP 7,432.21 | PHP 7,432,205.02 | PHP 86,687.75 |
| 20K | PHP 220,150.64 | PHP 7,078.01 | PHP 7,078,007.37 | PHP 82,556.46 |
| 18K | PHP 198,143.50 | PHP 6,370.46 | PHP 6,370,461.45 | PHP 74,303.79 |
| 14K | PHP 154,102.80 | PHP 4,954.52 | PHP 4,954,520.22 | PHP 57,788.53 |
| 12K | PHP 132,095.67 | PHP 4,246.97 | PHP 4,246,974.30 | PHP 49,535.86 |
| 10K | PHP 110,088.53 | PHP 3,539.43 | PHP 3,539,428.38 | PHP 41,283.18 |
| 9K | PHP 99,071.75 | PHP 3,185.23 | PHP 3,185,230.72 | PHP 37,151.89 |
Other countries in Asia
How the PHP reference is calculated
The international gold reference comes from MetalflowAPI. This country table translates the USD ounce using a daily-reference USD exchange rate, then divides by 31.1034768 to obtain a gram value. Live responses are cached for five minutes and FX responses for fifteen minutes, with the FX provider updating its reference daily. The conversion is indicative: it is not a local dealer's executable quote, a bank's conversion price or an official domestic benchmark. If local FX is unavailable, the table explicitly switches to USD rather than presenting dollars as PHP.
A 10 g example at the current reference
10.0000 g of fine gold has a spot reference of PHP 84,939.49. A gross-weight 999 alloy at that weight contains 9.9900 g of fine metal, with a reference of PHP 84,854.55. For comparison, the same net weight at 18K contains 7.5000 g of gold, valued at PHP 63,704.61 before buyer deductions. Calculations retain precision before rounding. Record the source time with an offer comparison, because refreshing a page may retrieve the same cached observation.
Weight conventions in Philippines
For a purchase or sale in Philippines, request a written gram weight and fineness even if the dealer uses a traditional unit or a per-ounce board price. The reference currency is PHP; an international USD quote should not be compared without conversion. A unit name is not a purity specification.
Hallmarks, purity and net weight
Read both karat and millesimal fineness marks where present: 375 corresponds to 37.5%, 750 to 75% and 999 to 99.9%. A nominal 14K calculation uses approximately 58.33%, which differs slightly from a 585 mark. A stamp alone cannot prove authenticity, and plated or filled constructions cannot be valued as a solid alloy of their full gross weight.
Compare a sale, a purchase and a pawn loan separately
A retail purchase includes product premiums, workmanship where relevant and agreed delivered costs. A scrap offer depends on tested content and buyer deductions, which are not supplied by this price feed. Request accepted net weight, tested fineness, reference time, fees and final payment in writing. Compare that final payment against the matching metal reference, not a percentage advertised before deductions. A recognizable brand, collectible coin or valuable stone may have a resale route beyond scrap. A pawn advance is a loan: total redemption charges and its deadline must be assessed separately from metal value.
Taxes, transaction records and local terms
Check Philippines's current tax-authority and customs rules for the actual product and transaction. Retail jewelry, investment bullion and cross-border purchases need not receive the same treatment. No local tax exemption or bank conversion spread is assumed here. Keep invoices and authenticity records, and check shipping insurance explicitly covers precious metal. This reference excludes tax, storage, delivery, refining costs and currency spreads. For legal or accounting valuations, establish which date and benchmark the relevant authority requires; a spot estimate does not certify your item.
Currency movements can change the PHP reference even when the USD metal price is steady. Conversely, a strong local currency can offset an increase in the international price. Historic performance does not ensure an inflation hedge over your own holding period. Use available charts for observed context, not an assumed future return. Read the full price methodology and compare gold purity with the scrap calculator before a transaction.
Frequently Asked Questions
What is gold worth in Philippines today?+
The fine-metal reference is PHP 8,493.95 per gram and PHP 84,939.49 for 10 g. It excludes local dealer charges and taxes.
Is the PHP figure a local dealer offer?+
No. It is an indicative conversion of an international USD spot reference using a daily-reference FX feed. Bank spreads and dealer terms are separate.
Which weight should I use in Philippines?+
For a purchase or sale in Philippines, request a written gram weight and fineness even if the dealer uses a traditional unit or a per-ounce board price. The reference currency is PHP; an international USD quote should not be compared without conversion. A unit name is not a purity specification.
Does the table include tax?+
Check Philippines's current tax-authority and customs rules for the actual product and transaction. Retail jewelry, investment bullion and cross-border purchases need not receive the same treatment. No local tax exemption or bank conversion spread is assumed here.
Does a hallmark prove the item is authentic?+
No. Read the complete construction and fineness description, and obtain professional testing when necessary. Stones, fillers and non-metal parts are excluded from net metal weight.
How fresh is the currency conversion?+
Live source responses are cached for five minutes and FX for fifteen minutes. The FX reference updates daily upstream; repeated refreshes do not guarantee a new observation.