Gold prices in the Philippines fell on Thursday, according to FXStreet. The price per gram dropped to 8,158.97 Philippine Pesos, down from 8,177.97 PHP the day before. The price for gold per tola also decreased to 95,164.66 PHP from 95,386.24 PHP. Gold for ten grams is priced at 81,589.73 PHP, while a troy ounce costs 253,781.40 PHP.

Gold Pricing Methodology

FXStreet figures out gold prices in the Philippines by adjusting international prices to fit local currency and measurements. The prices shown are for reference and may vary slightly from local rates. Gold has always been seen as a stable asset and a store of value. It is considered a safe investment during economic challenges and serves as a hedge against inflation and currency loss. Central banks hold the most gold to strengthen their economies and currencies. In 2022, they purchased 1,136 tonnes of gold, worth around $70 billion. Gold prices generally move in the opposite direction of the US Dollar and other key assets like US Treasuries. Factors such as geopolitical tensions, recession fears, and interest rates can affect gold prices, with a strong Dollar typically keeping prices lower.

Gold Market Outlook

The recent drop in gold price to 8,158.97 PHP per gram should be viewed as minor fluctuations, not a new trend. Gold is a safe-haven asset, and this slight decline could present a good buying opportunity. Its role as protection against inflation remains crucial, especially in light of this year’s economic data. We are closely monitoring the US Federal Reserve, as many expect two possible rate cuts in the first half of 2026 due to slow economic growth. This anticipation has caused the U.S. Dollar Index (DXY) to fall to around 99.5, significantly lower than its 2024 highs. This drop benefits dollar-denominated assets like gold. Since gold does not yield interest, lower rates make it more attractive to investors. Additionally, support from central banks is strong, as they continue their historic buying trend. After record purchases in 2022 and 2023, data from early 2025 shows central banks have added over 800 tonnes to their reserves. This steady demand from official sources creates a solid market floor, reducing downside risk. For those trading derivatives, this environment suggests that buying call options on gold futures or related ETFs is a wise strategy in the coming weeks. These options let us benefit from the expected rise in gold prices while limiting our risk to the premium paid. The case for a higher gold price looks strong enough to justify taking bullish positions now. We should also keep in mind the inverse relationship with risk assets. Recent ups and downs in the equity markets, especially after the S&P 500 couldn’t maintain its highs from last quarter, have led to increased demand for gold as a safe-haven. Strategies like a bull call spread can help control costs and manage risk, particularly if the stock market experiences a sudden rally that draws money away from gold. Create your live VT Markets account and start trading now.

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