World price, 6 Nov

Gold price in the Philippines in 2016

World gold price in pesos for every business day of 2016

24K, per gram, close of the year
₱1,851
▲ 15.7% in 2016
2016 at a glance24K per gram
First price 1 Jan₱1,598
Last price 30 Dec₱1,851
Highest 11 Jul₱2,085
Lowest 1 Jan₱1,598

Month by month in 2016

Monthly world gold price in pesos since 2010.

MonthOpenHighLowCloseChange
December 2016₱1,867₱1,880₱1,811₱1,851-0.9%
November 2016₱1,982₱2,043₱1,885₱1,909-3.7%
October 2016₱2,042₱2,042₱1,949₱1,990-2.6%
September 2016₱1,970₱2,075₱1,970₱2,061+4.6%
August 2016₱2,040₱2,064₱1,964₱1,974-3.2%
July 2016₱2,007₱2,085₱1,994₱2,030+1.2%
June 2016₱1,826₱2,016₱1,808₱1,991+9.0%
May 2016₱1,958₱1,958₱1,806₱1,824-6.8%
April 2016₱1,820₱1,922₱1,809₱1,922+5.6%
March 2016₱1,891₱1,922₱1,807₱1,813-4.2%
February 2016₱1,720₱1,891₱1,720₱1,868+8.6%
January 2016₱1,598₱1,726₱1,598₱1,710+7.1%
Over the long run24K per gram
Change by year
Download daily history (CSV)

Gold in 2016: questions people ask

Answers use the prices of 2016.

In 2016 one gram of 24K gold moved between ₱1,598 (1 January 2016) and ₱2,085 (11 July 2016) at the world price. It ended the year at ₱1,851 on 30 December 2016.

From the last price of 2015 to 30 December 2016, the price of gold in pesos rose by 15.7%.

Over 241 business days the average was ₱1,907 per gram of 24K gold and ₱1,430 per gram of 18K gold.

By the closing price of each month, January was the lowest at ₱1,710 and September the highest at ₱2,061 per gram of 24K gold.

At the end of 2016 one gram of 24K gold was worth ₱1,851. On Friday 6 November 2026 it is ₱8,250, up 346%.

Where the numbers come from
How the price is worked out
  1. The world price of one troy ounce of gold in US dollars is taken each business day from the Central Bank of Sri Lanka, which publishes it daily.
  2. It is converted to pesos at the European Central Bank exchange rate (pesos per US dollar).
  3. Dividing by 31.1035 gives the price of one gram of pure (24K) gold.
  4. Other karats are worked out by purity: 18K is 18/24 of the 24K price.
  5. Other currencies use the European Central Bank rates of the same day.

Prices are for information only. Shops and pawnshops set their own prices.

More gold prices for the Philippines