Precious metals
Gold Price in the Philippines
Live gold price per gram and per ounce, by karat, in PHP.
9,137.20 PHP
per ounce: 284,198.70 PHP · per tola: 106,574.48 PHP
| Karat | Per gram | Per ounce |
|---|---|---|
| 24K | 9,137.20 PHP | 284,198.70 PHP |
| 22K | 8,375.77 PHP | 260,515.47 PHP |
| 21K | 7,995.05 PHP | 248,673.86 PHP |
| 18K | 6,852.90 PHP | 213,149.02 PHP |
Raw metal (spot) value — shops pay less when buying and charge more when selling (premium + making charges).
Typical making charges: souk ~6–10%, branded jewellery ~15–25%. Rough estimate — negotiate!
Silver: 136.39 PHP / gram
Spot prices via gold-api.com, updated 2026-08-27 — for information only, not financial advice, and not our responsibility for any decisions made using them. Jewellers add a premium and making charges over spot, so retail prices are higher.
Gold price in the Philippines, explained
Gold trades globally in US dollars per troy ounce. To show the price in PHP, we convert at the live exchange rate and divide by 31.1035 grams, then adjust for karat purity. That is why the local price moves with both the gold market and the PHP exchange rate.
Need the price in another currency? Use our currency converter.
Gold in the Philippines: the local market
Filipino jewelers famously sell 'Saudi gold' — the local term for imported 21K, prized from OFW years in the Gulf — alongside 18K local pieces.
Remittance flows and balikbayan returns drive gold buying, and Meycauayan in Bulacan remains the country's traditional jewelry-making capital.
Local units & today’s value in PHP
| Unit | 24K | 21K (local standard) |
|---|---|---|
| 1 gram | 9,137 PHP | 7,995 PHP |
| 1 troy ounce(31.1035 g) | 284,199 PHP | 248,674 PHP |
Spot value only — local shops add making charges and any taxes. Prices as of 2026-08-27.
Zakat nisab in PHP today
The gold nisab — the minimum wealth at which zakat becomes due — is 85 grams of pure gold. At today’s spot price that is about 776,662 PHP. If your zakatable wealth is above this, work out what you owe with our zakat calculator (live nisab, gold or silver method).
Gold price in other countries
Frequently asked questions
What is the gold price per gram in the Philippines today?+
This page shows the live 24K gold price per gram in PHP, along with 22K, 21K and 18K. It is the international spot price converted to PHP and divided per gram, updated hourly.
Why is the jeweller's price in the Philippines higher than this?+
This is the raw metal (spot) value. Shops add a premium plus making charges, and local taxes may apply, so the retail price is higher than spot.
Which karat is most common in the Philippines?+
21K (87.5% pure) is the karat most commonly traded in the Philippines. 24K is pure gold; lower karats mix in alloy and cost proportionally less per gram.