Gold Price Today in the Philippines
Today's Gold Prices in the Philippines - All Karats Live
The following are raw gram prices for the gold price in the Philippines (before making charges), showing the sell price (what you pay when buying) and the buy price (what you get when selling to a shop).
| Karat | Buy Price | Sell Price | Daily Change |
|---|---|---|---|
| 24k | 9,123.01 PHP | 9,392.66 PHP | ▲ 33.69 (+0.36%) |
| 21k | 7,982.63 PHP | 8,218.57 PHP | ▲ 29.48 (+0.36%) |
| 18k | 6,842.26 PHP | 7,044.49 PHP | ▲ 25.27 (+0.36%) |
| 14k | 5,321.76 PHP | 5,479.05 PHP | ▲ 19.65 (+0.36%) |
| Ounce | 283,757.54 PHP | 292,144.60 PHP | ▲ 1,047.95 (+0.36%) |
Last updated: 04:35 - 21 August 2026
Gold Performance in the Philippines Over Last Year
Gap Between Gold Price in the Philippines and the Global Price
The table below shows the difference between the displayed local price and the raw global spot price for the same quantity in USD. This is a different indicator from the shop-level "buy/sell spread," since it compares the local price to the pure global price rather than yesterday's price.
| Karat | Local Price | Global Equivalent | Difference |
|---|---|---|---|
| 24k | 9,392.66 PHP | 8,988.19 PHP | +404.47 PHP |
| 21k | 8,218.57 PHP | 7,864.66 PHP | +353.91 PHP |
| 18k | 7,044.49 PHP | 6,741.14 PHP | +303.35 PHP |
| 14k | 5,479.05 PHP | 5,243.11 PHP | +235.94 PHP |
Popular Bullion Bars in the Philippines
| Bar | Weight (g) | Price |
|---|---|---|
| 1g Bar | 1 | 9,580.51 PHP |
| 5g Bar | 5 | 47,667.75 PHP |
| 10g Bar | 10 | 95,053.72 PHP |
| 50g Bar | 50 | 474,329.33 PHP |
Gold Performance in the Philippines - Long Term
Terms Worth Knowing Before You Buy Gold
- What is a troy ounce?
- The troy ounce is the standard global unit used in gold trading on every exchange worldwide, and it equals exactly 31.1035 grams.
- What is the difference between buy and sell price?
- The sell price is what you pay when acquiring gold from a shop, while the buy price is what you receive when selling your jewelry back to the same shop, with the gap representing the dealer's margin.
- What does the karat number mean?
- The karat number indicates the proportion of pure gold in a piece out of 24 parts, so 21k means 21 parts pure gold out of 24, or 87.5% purity.
Market Analysis
The Philippine market leans toward broader karat variety compared to most Asian neighbors, with 18k particularly popular in everyday jewelry, while 21k appears in some traditional pieces influenced by old Spanish-era culture.
The Bangko Sentral ng Pilipinas buys gold directly from small-scale local miners under an official program, making the Philippines one of the few countries where the government acts as an active player in the raw gold market.
Pawnshops are extremely widespread across the Philippines as a fast alternative channel for liquidating gold against short-term loans, a social and economic phenomenon more deeply rooted here than in most neighboring markets.
Local demand rises notably during the holiday season and year-end, when gifting a small piece of gold is a common tradition among Filipino families.
Frequently Asked Questions
What's the most common gold karat in the Philippines?
18k is particularly popular in everyday jewelry, alongside 21k in some traditional pieces.
Why are gold-related pawnshops so widespread in the Philippines?
They serve as a fast, popular channel for liquidating gold against short-term loans, a deeply rooted local economic pattern.
Does the Philippine government buy gold directly?
Yes, through the Bangko Sentral ng Pilipinas, which buys gold from small-scale local miners under an official program.