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Home Gold News Gold Prices Rise in the Philippines Amid Global Uncertainty

Gold Prices Rise in the Philippines Amid Global Uncertainty

by anna

Gold prices in the Philippines increased on Tuesday, June 17, 2025, reflecting global market trends driven by geopolitical tensions and economic uncertainties. According to data compiled by FXStreet, the price of gold per gram rose to ₱6,180.54, up from ₱6,163.01 on Monday. Similarly, the price per tola increased to ₱72,088.61 from ₱71,884.08 the previous day.

Per gram: ₱6,180.54

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Per 10 grams: ₱61,806.94

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Per tola: ₱72,088.61

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Per troy ounce: ₱192,241.80

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These prices are based on FXStreet’s adaptation of international gold prices to the local currency and measurement units, updated daily according to market rates. It’s important to note that local rates may vary slightly.

The recent uptick in gold prices aligns with global trends, where gold has surpassed $3,400 per ounce, driven by rising geopolitical tensions and economic instability. This surge has led to increased demand for gold as a safe-haven asset.

For those interested in investing in gold, exchange-traded funds (ETFs) like SPDR Gold Shares (GLD) and iShares Gold Trust (IAU) offer exposure to gold prices. As of the latest data, GLD is trading at $311.78, and IAU at $63.80.

Investors should consider these factors when making decisions about gold investments.

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