Philippines · PHP · April 2022

Gold Price in PhilippinesApril 2022

In April 2022, the gold price in Philippines closed at approximately ₱106,355 per troy ounce, equivalent to ₱39,884 per tola or ₱3,419 per gram. This represents a -1.32% change on the month (₱107,777 open → ₱106,355 close).

-1.32% on the month

Open

₱107,777

per troy ounce

Close

₱106,355

per troy ounce

High

₱111,205

per troy ounce

Low

₱104,936

per troy ounce

All unit prices at April 2022 close — Philippines

UnitWeightClosing PHP price
Troy ounce31.1035 g₱106,355
Gram1.0000 g₱3,419
10 grams10 g₱34,194
Kilogram1,000 g₱3,419,379
Tola11.664 g₱39,884
PHP prices computed from XAU/USD ($1,911.30/oz close) × 2022-end PHP/USD rate (55.6452). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at April 2022 close

KaratPer gramPer tola
24KPHILIPPINES STD₱3,416₱39,844
22K₱3,132₱36,533
21K₱2,992₱34,898
18K₱2,565₱29,913
14K₱2,000₱23,332
10K₱1,426₱16,631

Daily gold price in PHPApril 2022

25 trading days
Loading chart…

April 2022 gold market: Tightening cycle pressures gold

Bearish

Rising yields and a firm dollar drained the war premium.

Gold eased from around $1,940 toward $1,900 in April 2022 as the Federal Reserve signalled faster rate hikes and balance-sheet reduction. Rising real yields and a strengthening dollar steadily drained the war premium built up in February and March.

What drove gold in April 2022

  • Fed signalling faster tightening
  • rising real yields
  • strengthening US dollar
  • fading war premium
Themes#Fed policy#rising yields#US dollar strength

Key events in April 2022

  1. Apr 21Hawkish Fed commentary lifts yields; gold slips toward $1,900

What happened next

The pressure intensified in May and June as the Fed accelerated its hikes.

For gold buyers in Philippines

April marked the handover from war-driven demand to Fed-driven pressure that would dominate gold for months.

The 2022 gold market: Russia sanctions and a paradigm shift

Russia invaded Ukraine on February 24, 2022. G7/EU froze $300 billion of Russian central-bank reserves — the most consequential monetary event since 1971. Central-bank gold buying hit a record 1,082 tonnes (highest ever). Year close: $1,824 despite Fed's aggressive tightening.

Key drivers in 2022

Russia sanctions, central-bank reserve freezing, Fed hikes to 4.5%, gold's structural role redefined

2022 XAU/USD high

$2,070 (Mar)

2022 XAU/USD low

$1,621 (Sep)

Era context — The modern bull market (2019 to today)

Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.

The Philippines gold market

Philippines retail gold prices are quoted in the local currency per gram for 24K and 22K purities, and per troy ounce for investment-grade bullion. Local rates usually sit above the international XAU/USD spot price after import duties, sales taxes, and jewellery making charges are applied. Use this archive as the international reference price; final retail rates depend on your dealer and the date's exchange rate.

Standard quote unit

gram

Common purity

24K

Currency

PHP ()

Daily gold price — April 2022, Philippines

How Philippines gold prices are calculated on this page

Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The PHP/USD exchange rate comes from exchangerate-api.com's 2022 year-end snapshot.

Conversion. Every PHP figure on this page is computed as XAU/USD price × PHP/USD rate. We use the year-end exchange rate consistently across all April 2022 prices on this page.

Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).

What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Philippines, add the country-specific levies described in the “Philippinesgold market” section above.

FAQ — Philippines gold price in April 2022

What was the gold price in Philippines in April 2022?

In April 2022, gold in Philippines opened at ₱107,777/oz and closed at ₱106,355/oz — a move of -1.32% on the month. Per tola: ≈₱39,884; per gram: ≈₱3,419; per 10g: ≈₱34,194.

What was the 24K gold rate per tola in Philippines in April 2022?

The 24K gold rate per tola in Philippines at the April 2022 close was approximately ₱39,884, derived from international XAU/USD spot of $1,911.30/oz times the 2022-end PHP/USD exchange rate of 55.6452. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Philippines in April 2022?

Philippines's most-quoted retail standard is 24K per gram. At the April 2022 close, that worked out to approximately ₱3,416 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

PHP prices on this page are computed from the verified international XAU/USD spot price for April 2022 (sourced from gold-api.com), multiplied by the 2022-end PHP/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.

Why does the retail price in shops differ from this number?

The ₱ figures here represent the international gold spot price converted to PHP at the 2022-end exchange rate. Philippines's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.

Want today's rate in Philippines? See live gold prices in Philippines with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2022 archive or the USD-only April 2022 page with the country-by-country list at the bottom.

Other markets? Compare April 2022 prices across other major gold-trading countries: Malaysia, Singapore, Indonesia, Thailand, Vietnam, Hong Kong.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to PHP at the 2022-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Philippines before transacting.