Gold prices in the Philippines have decreased today according to compiled market data.

    by VT Markets
    /
    Oct 24, 2025

    History and Importance of Gold

    Gold has a long history as a store of value and a way to exchange goods. It is often seen as a safe haven, especially during tough times, and it protects against inflation and currency loss. Central banks are the biggest holders of gold. In 2022, they bought 1,136 tonnes, worth about $70 billion. This was the highest amount ever purchased in a single year. Countries like China, India, and Turkey are boosting their gold reserves. Gold prices usually move in the opposite direction of the US Dollar and Treasury yields. When the Dollar weakens, gold prices typically go up. Instability in global politics and fears of a recession can also drive gold prices higher since many view it as a safe investment. Additionally, interest rates affect gold’s value; higher rates generally lead to lower prices. Recent dips in local gold prices are minor compared to the bigger global picture. We consider this a short-term pause. Gold’s importance as a hedge against currency loss and market instability is becoming even more significant, especially given the geopolitical challenges we face in late 2025.

    Impact of Economic Factors

    Increased tensions in the South China Sea over the last month have boosted demand for safe-haven assets like gold. Historically, such geopolitical instability results in more investment in gold. We are preparing for the potential of further escalation, which would likely push prices higher. The most significant factor for us right now is the recent change in US economic data. A weak jobs report from early October 2025, along with new inflation figures showing a drop to 2.8%, has led the Federal Reserve to indicate a halt on further rate increases. This shift towards a more cautious approach is positive for a non-yielding asset like gold. Create your live VT Markets account and start trading now.

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