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Where Philippines Checks the Gold Price

Holdings

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Current Gold Holdings

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Future Gold Price

Current Silver Holdings

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Future Silver Price

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The Holdings Calculator permits you to calculate the current value of your gold and silver.

  • Enter a number Amount in the left text field.
  • Select Ounce, Gram or Kilogram for the weight.
  • Select a Currency. NOTE: You must select a currency for gold first, even if you don't enter a value for gold holdings. If you wish to select a currency other than USD for the Silver holdings calculator.

The current price per unit of weight and currency will be displayed on the right. The Current Value for the amount entered is shown.

Optionally enter number amounts for Purchase Price and/or Future Value per unit of weight chosen.

The Current and Future Gain/Loss will be calculated.

Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated.

The spot price of Gold per Troy Ounce and the date and time of the price is shown below the calculator.

If your browser is configured to accept Cookies you will see a button at the bottom of the Holdings Calculator.

Pressing the button will place a cookie on your machine containing the information you entered into the Holdings Calculator.

When you return to goldprice.org the cookie will be retrieved from your machine and the values placed into the calculator.

A range of other useful gold and silver calculators can be found on our Calculators page

Gold Price Calculators

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Gold Price Philipines

(Philippines Pesos)

Conversion : 1 troy ounce = 31.1034768 grams

Philippines Pesos 24 Hour Spot Gold and Silver Price

To learn about our gold price data

 

Gold Price Philippines

The Philippines is officially known as the Republic of the Philippines. The nation is an island country located in Southeast Asia, consisting of over 7600 islands. The capital city of the country is Manila, and its most populous city is Quezon City. The Philippines has two official languages: Filipino and English. There are also numerous other recognized regional languages spoken in the country. The Philippines Government consists of a unitary presidential constitutional republic. The nation declared its independence from Spain in 1898. The nation’s land area covers approximately 120,000 square miles and it has a population of around 100 million.

The official currency of The Philippines is the Philippine Peso. Like many other global currencies, the peso can be subdivided into 100 smaller units of currency called centimos. Because The Philippines is a former U.S. colony, it used English on its currency with the word “peso” appearing on its coins and banknotes until 1967. The term “piso” is now used, as the currency uses the Filipino language now. Philippine coins and banknotes are minted and printed at the Security Plant Complex of the nation’s central bank in Quezon City.

The Bangko Sentral ng Pilipinas is the central bank of The Philippines. The central bank was established in 1993 through the New Central Bank Act. The bank was originally established in 1949. The central bank is headquartered in the capital city of Manila and is tasked with issuing and controlling the nation’s currency. The central bank also has other responsibilities including acting as a lender of last resort, management of foreign currency reserves, determination of exchange rate policy, liquidity management and oversight of the nation’s banking system.

If you are looking to buy gold in The Philippines, you will likely see prices quoted in the local currency. Prices may also be available in other major global currencies such as U.S. Dollars, euros, Japanese Yen or Great British Pounds. Gold is usually quoted by the ounce, gram or kilo and sometimes in other local measures of weight.

The Philippines is reportedly one of the most mineral-rich countries in the world for gold, nickel, copper and chromite. In recent years it was estimated that the nation had some $840 billion in untapped mineral wealth.

In 2016, the nation’s mining industry employed some 236,000 workers. The country recently had about 40 metallic mines and 62 non-metallic mines operating.

The Philippine economy is ranked as the 34th largest in the world by nominal GDP. The Philippines is an emerging market, and is one of the richest nations in Southeast Asia by GDP per capita. The main areas of industry in the nation include rice, fishing, electronics, shipbuilding, textiles, business process outsourcing and more. The country’s main export partners include China, The U.S., Japan, Singapore, Germany and others.

The Philippine economy has been projected to become one of the largest in Asia and the world by 2050. Strong economic growth could fuel demand for gold as an investment and for jewelry-making purposes.

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