NewsTradingSentimentCalendarCommunityBriefing
Sign in
Markets

Gold Price in Philippines Hits 8,711.77 PHP per Gram

By Markets Desk · 2026-09-15 · 1 min read
A polished, solid gold bar resting on a dark surface
Illustration: Tradingbird

Gold prices in the Philippines rose on Tuesday, with the per-gram rate climbing to 8,711.77 PHP, a gain of 14.56 PHP from Monday.

Gold prices in the Philippines rose on Tuesday. The per-gram rate climbed to 8,711.77 PHP. This marks an increase of 14.56 PHP from Monday's close of 8,697.21 PHP. The tola unit also appreciated, reaching 101,609.00 PHP. This is up from 101,442.50 PHP the previous day.

The troy ounce price stood at 270,970.00 PHP. Ten grams of gold were valued at 87,114.88 PHP. These figures reflect daily market rates. Local retail prices may vary slightly from these benchmarks.

Daily price movements in pesos

The gold market showed positive momentum. The one-gram price increased by 0.17 percent. The tola price rose by 0.16 percent. These gains align with broader safe-haven demand. Investors often buy gold during periods of uncertainty.

Central banks drive global demand

Central banks remain the largest holders of gold. They add to reserves to support currency strength. In 2022, central banks purchased 1,136 tonnes of gold. This was the highest annual purchase on record. Emerging economies like China and India lead these buys.

Dollar strength influences gold price

Gold has an inverse correlation with the US dollar. A weaker dollar typically pushes gold prices higher. A stronger dollar often suppresses the metal's value. Gold is priced in dollars globally. Interest rates also impact the asset. Lower rates tend to favor gold holdings.

Based on reporting by FXStreet, compiled by the Tradingbird desk.

Read next

More in Markets
A stack of polished gold coins and a small gold bar resting on a dark wooden table
Markets · Commodities
LIVE · 2 updates · last 05:27 UTC

Gold Prices Fall 92 Rupees per Gram in India

Gold prices in India have reversed their recent upward trend, with 24-carat rates falling to roughly Rs 15,300 per gram amid global market volatility. The decline coincides with a spike in oil prices driven by Middle East conflict, while international spot gold remains stable near $4,300.

2026-09-15Illustration: Tradingbird
A stack of polished gold bars and a traditional gold necklace resting on a dark velvet cloth
Markets · Commodities

Silver Prices Rise to 24,990 Rupees per 100 Grams in Southern India

Silver rates climbed in Southern Indian cities while gold prices remained uniform across major metros.

2026-09-15Illustration: Tradingbird
A polished gold bar and a silver ingot resting on a dark surface
Markets · Commodities

Gold Drops to $4,300 as Oil Spikes

Spot gold fell to $4,300.96 per ounce while Brent crude rose 1.25% to $107.00.

2026-09-15Illustration: Tradingbird

More from the Markets desk

All desk stories
  • A neat stack of metallic coins resting on a wooden desk surface
    Illustration: Tradingbird

    Treasury Firms Add 27,180 ETH and 469 BTC Amid Rate Uncertainty

    Public crypto treasuries continued aggressive accumulation in September despite market volatility. BitMine and Strive increased holdings while Strategy paused purchases to repurchase equity.

    2026-09-15
  • A stack of paper currency bills and a single gold coin resting on a wooden desk
    Illustration: Tradingbird

    US 10-Year Treasury Yield Crosses 5 Percent

    The US 10-year Treasury yield briefly surpassed 5 percent on September 14, the first time since October 2023. This shift alters the risk-return balance for fixed income assets.

    2026-09-15
  • A stack of gold coins next to a barrel of crude oil
    Illustration: Tradingbird

    Rupee Slides to 95.84 as Oil Spikes

    The Indian rupee dropped 30 paise to 95.84 against the US dollar in early Tuesday trade. Brent crude prices reached $106.94 per barrel. This price action was driven by geopolitical tensions in West Asia.

    2026-09-15