Palladium Price per Unit in the Philippines#
Palladium in the Philippines is quoted by the gram and the kilogram, the metric weights the local jewelry and dealer trade uses for precious metals generally. The table below lists five common weights with their exact gram and troy-ounce equivalents.
| Weight | Grams | Troy ounces | Price in PHP (live) | Price in USD (live) |
|---|---|---|---|---|
| 1 gram | 1 | 0.0321507466 | ₱2,345.88 | $37.46 |
| 10 grams | 10 | 0.321507466 | ₱23,458.83 | $374.56 |
| 1 troy ounce | 31.1034768 | 1 | ₱72,965.12 | $1,165.00 |
| 100 grams | 100 | 3.21507466 | ₱234,588.29 | $3,745.56 |
| 1 kilogram | 1,000 | 32.1507466 | ₱2,345,882.92 | $37,455.62 |
Larger weights scale in a straight line: 2 kilograms cost twice the kilogram row. The palladium price per gram underlies every row above, and palladium price per gram today shows it in other currencies; the kilogram rate alone is tracked on palladium price per kilogram today. A troy ounce converter turns any of these weights into troy ounces.
How the Philippines Palladium Price Is Calculated#
The palladium price in the Philippines is the dollar spot price converted to pesos per gram, plus the standard 12% VAT and a dealer premium. The formula below builds the peso rate from symbols; its only numbers are exact constants and the dated tax rate.
Local price per gram (PHP)
= (USD spot price per troy ounce / 31.1034768)
x USD/PHP exchange rate
x (1 + VAT %)
+ dealer premium per gram
Illustrative only (not today's price): if USD spot = $X/oz, FX = Y PHP/USD,
VAT = T%, dealer premium = P per gram, then
local price/g = (X / 31.1034768) x Y x (1+T) + P
Dividing by 31.1034768, the exact number of grams in a troy ounce, turns the ounce price into a gram price before the exchange rate and tax apply. That dollar figure is the same over-the-counter spot quote shown on palladium price today, a series distinct from the LBMA Palladium Price, the London auction that IBA has run since 1 July 2026 and explains further on LBMA palladium price.
What Moves the Palladium Price in the Philippines#
Four factors move the Philippines palladium price: the USD benchmark, the USD/PHP exchange rate, the 12% VAT, and local dealer premiums, each listed below.
- USD spot price: the base figure; Johnson Matthey's PGM Market Report (May 2026) puts 2025 primary palladium supply at 6,589 koz, with Russia and South Africa together supplying 78.9% of it.
- USD/PHP exchange rate: a weaker peso raises the peso rate at an unchanged dollar price, on the same international spot basis this page converts.
- Standard 12% VAT: applied to the transaction value under Philippine tax law, detailed below.
- Dealer premium: bullion dealers and jewelers add their own margin over the converted spot rate, which varies by dealer.
What drives the palladium price in dollars, from Russian and South African mine supply to carmaker demand, reaches the Philippines through the first factor; see what drives the platinum and palladium price and the fuller supply-demand picture on palladium market balance.
GST, VAT or Sales Tax on Palladium in the Philippines#
The Philippines taxes palladium at the standard 12% VAT rate on the transaction value, under the National Internal Revenue Code (NIRC) as amended by the TRAIN Law (RA 10963). This is a general tax rule, not a palladium-specific one: the Supreme Court E-Library's copy of BIR Revenue Regulations No. 5-2013 records that only gold sold directly to the Bangko Sentral ng Pilipinas (BSP) receives special VAT treatment, a carve-out that does not extend to palladium or any other precious metal. Locally produced or imported jewelry, a category that can include palladium pieces, is also subject to the non-essential-goods excise tax under NIRC section 150(a).
Where Palladium Is Bought and Sold in the Philippines#
Palladium in the Philippines is sold by jewelers and bullion dealers, who price it off the international spot rate rather than a published local benchmark. The country has no palladium-specific exchange, refiner base price or dealer association rate of its own, unlike the LBMA and NYMEX series that set the underlying dollar quote. The two main physical forms are listed below.
- Jewelry: priced by weight at the jeweler's rate per gram, plus a making charge and the 12% VAT described above.
- Bars and coins: imported through the same bullion-dealer channels used for other precious metals; routes and forms are compared on investing in palladium.
Palladium's resale value is paid on its palladium content, the same rule refiners use worldwide; how assay and refining charges set that value is explained on scrap palladium price.
Palladium vs Gold Price in the Philippines Today#
Gram for gram, palladium in the Philippines is priced against gold on the same USD benchmark and FX basis, not a fixed ratio. Palladium costs 28.2%% of the gold price in the Philippines today, ₱2,345.88 against ₱8,327.58 per gram at converted spot.
| Measure | Palladium | Gold |
|---|---|---|
| Price per gram, converted spot (live) | ₱2,345.88 | ₱8,327.58 |
| Local benchmark association | None confirmed | None confirmed for palladium specifically |
| Standard VAT | 12% | 12%, except gold sold directly to the BSP |
Palladium also trades below platinum on most days of the current cycle; the wider platinum vs palladium comparison covers price, substitution and use. The fuller case for palladium against gold, including rarity and investment demand, is on palladium vs gold.
Other PGMs Priced in the Philippines#
The Philippines also has a published price page for one other platinum group metal, platinum. Its peso rate sits on platinum price in the Philippines today. Neighboring Southeast and South Asian markets track palladium separately on palladium price in India today, palladium price in Malaysia today and palladium price in Pakistan today.
Palladium Price History and Outlook#
Palladium's longer price history and forecasts for Philippine context sit on their own pages, not on this one. The metal's record of $3,440.76 per troy ounce, set on 7 March 2022 (Trading Economics), and Johnson Matthey's forecast of the first palladium surplus since 2011 in 2026, are covered on the pages below.
- Chart: palladium price chart
- History: palladium price history
- Forecast: palladium price forecast
- Futures: NYMEX palladium futures
Palladium Price in the Philippines FAQ#
How much is 1 gram of palladium?#
One gram of palladium costs ₱2,345.88 in the Philippines today at the converted spot rate, or $37.46 in US dollars, before any dealer premium or the 12% VAT a jeweler adds at retail.
Is palladium more expensive than gold?#
Palladium is worth 28.2%% of the gold price in the Philippines today, so it is the cheaper metal whenever that figure sits below 100%. The full palladium vs gold comparison covers price, rarity and value.
How much is 1 kg of palladium?#
One kilogram of palladium (32.1507466 troy ounces) costs ₱2,345,882.92 in the Philippines today at the converted spot rate, before the 12% VAT and any dealer premium at retail. The palladium price per kilogram in US dollars is on palladium price per kilogram today.
What is the current price of palladium?#
The current price of palladium is $1,165.00 per troy ounce on the international spot market, converted to ₱2,345.88 per gram for the Philippines above. The global quote, in 20 currencies, is on palladium price today.
Is palladium a better investment than platinum?#
Palladium and platinum differ in supply concentration and demand: Johnson Matthey (May 2026) records Russia and South Africa supplying 78.9% of primary palladium in 2025, against a more diversified platinum supply base. DailyPlatinum gives no investment advice; the price and use case for each metal is compared on platinum vs palladium.
How much will palladium be worth in 2030?#
No published forecast in DailyPlatinum's sources covers 2030; Johnson Matthey's May 2026 PGM Market Report forecasts the first palladium surplus since 2011 for 2026. Named outlooks are compared on palladium price forecast.