Philippines gold prices slip to PHP 8,745.51 per gram on Wednesday

Gold prices in the Philippines declined on Wednesday, pressured by wider international market movements and local currency adjustments. The price dropped to 8,745.51 Philippine Pesos (PHP) per gram, while a standard troy ounce decreased to 272,015.80 PHP and the price per tola fell to 102,005.90 PHP. The decline follows a steady session on Tuesday, when gold was recorded at 8,752.68 PHP per gram, down marginally from 8,754.89 PHP on Monday, with a later Tuesday closing level cited at 8,772.79 PHP.