Gold prices rose in Philippines on Thursday, according to data compiled by FXStreet. Unit measure Gold Price in PHP 1 Gram 10,498.27 10 Grams 104,987.90 Tola 122,456.60 Troy Ounce 326,584.10FXStreet calculates Gold prices in Philippines by adapting international prices (USD/PHP) to the local currency and measurement units. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.