Rich by Coin

In an economic landscape marked by inflation and fluctuating currency values, gold remains the undisputed “safe haven” asset for Filipinos. For generations, buying gold has been a primary strategy for preserving wealth in the Philippines. However, the way we acquire this precious metal has evolved dramatically. The traditional image of haggling in Binondo now shares the stage with buying tokenized assets on a smartphone during a commute.

So the question for future gold owners is: Do you want the tangible security of a physical bar, or the instant liquidity of a digital token? Here is the BitPinas guide on where to buy gold in the Philippines, covering both traditional physical avenues and the emerging world of digital gold like PAXG. Physical gold carries no counterparty risk once you own it, it’s yours, outside of the financial system. Binondo’s Ongpin Street is the epicenter of the traditional gold trade in the Philippines, lined with rows of jewelry shops.

What to Buy: Mostly 18k, 21k, and 24k jewelry (“investment jewelry”) and Chinese gold. The Price: Prices are often based on the current spot price plus a markup for craftsmanship. BitPinas Tip: This route requires street smarts. Always ask for the price per gram rather than the price per piece. If the hustle of Binondo isn’t for you, major corporate chains offer a standardized, secure alternative.