Driven by rising gold prices, the value of gold assets held by the Bank of the Philippines soared by nearly 70% last year, reaching a record high. According to data released by the Bank of the Philippines on Wednesday evening, by the end of 2025, its gold reserves reached an all-time peak of US$18.6 billion, accounting for about 17% of foreign exchange reserves — a share that exceeds the ideal level previously set by officials.

Driven by rising gold prices, the value of gold assets held by the Bank of the Philippines soared by nearly 70% last year, reaching a record high. According to data released by the Bank of the Philippines on Wednesday evening, by the end of 2025, its gold reserves reached an all-time peak of US$18.6 billion, accounting for about 17% of foreign exchange reserves — a share that exceeds the ideal level previously set by officials.