Gold prices in the Philippines fell on Monday, reflecting a downward trend in the precious metal’s value, according to data from FXStreet.
The price of gold dropped to PHP 5,846.05 per gram, marking a decrease from PHP 5,929.07 per gram recorded last Friday. Similarly, the price per tola declined to PHP 68,187.17, down from PHP 69,155.48 in the previous session.
The latest gold prices across different units are as follows:
Unit Measure | Gold Price (PHP) |
---|---|
1 Gram | 5,846.05 |
10 Grams | 58,460.49 |
Tola | 68,187.17 |
Troy Ounce | 181,832.60 |
The decline reflects broader market movements impacting gold prices at the start of the week.
Related topics:
- India Surpasses China in Gold Purchases, Buying 51% More in Three Months
- Qilu Bank Enhances Support for Small Businesses with Innovative Financial Tools
- Bitcoin Poised for a Surge Amid Gold’s Delivery Delays, Expert Claims