Gold Market Report
Philippines Gold Market Report
Independently researched coverage of the Philippines gold market, last verified Sep 1, 2026. 24K gold is currently ₱8,763.28 per gram.
See the live gold price page for Philippines →Research coverage
4 of 4 research sections published for Philippines.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in PHP.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | ₱8,763.28 | ₱272,568.45 | ₱102,213.17 | ₱8,763,279.22 |
| 22 karat (916.7) | ₱8,034.10 | ₱249,888.49 | ₱93,708.18 | ₱8,034,101.47 |
| 21 karat (875) | ₱7,668.64 | ₱238,521.25 | ₱89,445.47 | ₱7,668,636.18 |
| 18 karat (750) | ₱6,573.12 | ₱204,446.78 | ₱76,667.54 | ₱6,573,116.73 |
| 14 karat (583.3) | ₱5,112.13 | ₱159,005.08 | ₱59,626.90 | ₱5,112,131.98 |
| 10 karat (416.7) | ₱3,652.02 | ₱113,590.63 | ₱42,596.49 | ₱3,652,023.65 |
Trend
Last 3 months
Per gram · PHP
- Change
- +6.59%
- Low
- ₱8,126.85
- High
- ₱9,429.67
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the Philippines gold market
The Philippine central bank, Bangko Sentral ng Pilipinas (BSP), is the sole legal buyer of gold from the country's small-scale miners under the People's Small-Scale Mining Act of 1991, and is also an LBMA-accredited refiner.
Read the full section on the live price page →Market notes
The Philippines exempts gold sold to the Bangko Sentral ng Pilipinas (BSP) from VAT, provided the gold is in bar or disc form and the seller obtains BSP certification under Republic Act 11256 -- jewellery does not qualify for this exemption, and general gold sales carry 12% VAT above a defined price threshold.
Read the full section on the live price page →Buying gold in Philippines
The BSP VAT exemption in the Philippines applies only to bar or disc-form gold sold directly to the central bank under formal certification -- a piece of jewellery never qualifies, so a retail jewellery purchase should be expected to carry standard VAT and withholding tax rather than the BSP's exempt treatment.
Read the full section on the live price page →Tax & duty notes
Gold sold to the Philippine central bank (BSP) in bar or disc form is VAT-exempt under Republic Act 11256, with formal BSP certification required -- jewellery is explicitly excluded from this exemption.
Read the full section on the live price page →Sources
What the Philippines research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- Supreme Court E-Library — BIR Revenue Regulations No. 5-2013
Supports: 12% VAT threshold (~₱1.92M), 3% percentage tax below threshold, and BSP gold-sale VAT exemption criteria
Checked Sep 1, 2026
- Department of Finance — DOF cuts creditable withholding tax on gold sales to 1 percent
Supports: 1% creditable withholding tax on gold trades, reduced from 5%
Checked Sep 1, 2026
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Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- purity
24K vs 22K Gold: What's the Difference?
24K is nearly pure gold. 22K is 91.6% gold mixed with other metals for durability. Learn which suits investment vs. jewelry.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from xaus.com + gold-api.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.