Gold prices in the Philippines increased on Monday, according to FXStreet data. The cost per gram rose to 7,965.06 Philippine Pesos (PHP) from PHP 7,939.89 on Friday.
The price per tola went up to PHP 92,902.16 from PHP 92,609.33. Other measurements include 10 grams at PHP 79,649.96 and a troy ounce at PHP 247,741.30.
FXStreet Pricing Methodology
FXStreet calculates these prices by converting international rates (USD/PHP) to local currency. Updates occur daily with market rate adjustments.
Gold is valued as a store of wealth and a safe asset during economic instability. It is also a protection against inflation and currency depreciation.
Central banks are major purchasers, adding 1,136 tonnes to their reserves in 2022, the most since records started. Banks in China, India, and Turkey are increasing their holdings.
Gold usually reacts inversely to the US Dollar and Treasuries. It gains when the dollar falls and markets become unstable. Lower interest rates can increase its value, while higher rates may reduce it, influenced largely by dollar trends.
Current Trends and Market Opportunities
Gold is showing a slight increase today, October 20, 2025, which we see as part of a larger pattern of underlying market strength. This upward tick, while small, aligns with a broader trend favoring safe-haven assets. For derivative traders, this steady climb suggests a good opportunity to evaluate long positions.
We believe the primary driver is the market’s reaction to the US Federal Reserve’s recent signals to pause interest rate hikes. Historically, such pivots weaken the US Dollar, which we have seen over the last quarter as the Dollar Index (DXY) fell below 103. Since gold is inversely correlated with the dollar, a weaker greenback provides direct support for higher gold prices.
Furthermore, recent geopolitical instability and signs of slowing growth in major economies are increasing gold’s appeal as a hedge. The CBOE Volatility Index (VIX) has crept up by 15% in the past month, indicating rising uncertainty in the stock market. During turbulent times, capital typically flows from riskier assets like equities into the perceived safety of gold.
Central bank buying continues to provide a strong price floor, a trend that has accelerated since the record purchases we saw back in 2022 and 2023. Recent World Gold Council data for the third quarter of 2025 confirmed that emerging market central banks remain net buyers, consistently adding to their reserves. This institutional demand creates a stable long-term outlook for the metal.
Considering these factors, traders could look at call options on gold futures to gain exposure to potential upside over the next few weeks. The current market environment suggests that gold may re-test the resistance levels we observed in the spring of 2024. Monitoring the Fed’s next announcement and key inflation data will be crucial for timing these trades.