Guide · investing
Is Gold a Good Investment in the Philippines?
How gold works as a store of value, the ways to invest locally, and the pros and cons.
Today's gold price: 24K ₱8,280.15/g · 21K ₱7,245.13/g · 18K ₱6,210.11/g — see live prices →
Is gold a good investment in the Philippines?
Gold is widely used as a store of value and a hedge — it tends to hold its worth when inflation rises or currencies weaken. For Filipinos there's an added angle: gold is priced globally in US dollars, so when the peso weakens against the dollar, the peso price of gold usually rises, helping protect your savings. (See the price history chart.)
Ways to invest in gold in the Philippines
- Physical bullion — gold bars and coins (including BSP-issued). Closest to the pure gold price; buy from reputable dealers and store safely.
- Digital / gold-backed apps — services like GSave and digital-gold platforms let you buy and sell grams from your phone, good for small, regular amounts.
- Jewelry — wearable, but not an efficient investment: you pay a making charge you can't recover on resale.
Pros and cons
Pros: hedges inflation and peso weakness, highly liquid, no counterparty risk for physical gold. Cons: pays no interest or dividends, the price can be volatile short-term, and physical gold needs secure storage.
How to start
Decide your goal (long-term hedge vs short-term trade), buy from a trusted source, and for jewelry remember you're paying for craftsmanship, not just gold. Track today's level on the live price and chart before you buy.
This is general information, not financial advice. Consider your own situation or consult a licensed adviser before investing.
Is gold a good investment? — frequently asked questions
How can I invest in gold in the Philippines?
Through physical bullion (bars and coins), gold-backed digital apps like GSave, or — less efficiently — jewelry. Bullion tracks the pure gold price most closely.
Is gold jewelry a good investment?
Not really. You pay a making charge for craftsmanship that you can't recover when selling, so you get back less than the gold's value. For investment, buy 24K bullion.
Where can I buy gold bars in the Philippines?
From reputable bullion dealers and, at times, the Bangko Sentral ng Pilipinas, which issues gold coins and bars. Verify authenticity and store securely.
Does gold protect against peso depreciation?
Often, yes. Gold is priced in US dollars, so when the peso weakens the peso price of gold tends to rise, helping offset the currency's fall.