Contact
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)
The Precious Metal Derivatives market in Philippines is experiencing a notable shift in recent times.
Customer preferences: Investors in the Philippines are increasingly turning to Precious Metal Derivatives as a way to diversify their portfolios and hedge against market volatility. The allure of potential high returns and the ability to trade without owning the physical assets are driving this trend.
Trends in the market: One significant trend in the Philippines' Precious Metal Derivatives market is the growing demand for gold derivatives. As uncertainty looms in the global economy, gold is seen as a safe haven asset, leading to an uptick in trading volumes. Moreover, the introduction of innovative derivative products tailored to local preferences is also fueling market growth.
Local special circumstances: The regulatory environment in the Philippines plays a crucial role in shaping the Precious Metal Derivatives market. Stringent regulations aimed at protecting investors while promoting market integrity are influencing the development of new derivative products. Additionally, the increasing adoption of online trading platforms is making it easier for retail investors to participate in the market.
Underlying macroeconomic factors: Economic stability, inflation rates, and currency fluctuations are key macroeconomic factors impacting the Precious Metal Derivatives market in the Philippines. As investors seek ways to safeguard their wealth against these uncertainties, the demand for derivative products linked to precious metals is expected to continue growing. Furthermore, government policies and global market trends also play a significant role in shaping the direction of the market.
Data coverage:
Figures are based on commodity derivatives, their notional value, the number of contracts traded, the open interest (outstanding contracts at the end of a year), and the average value of a contract.Modeling approach / Market size:
Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use market research & analysis, and data of World Bank, as well as the World Federation of Exchanges. Furthermore, we use relevant key market indicators and data from country-specific associations and national data bureaus such as GDP, wealth per capita, and the online banking penetration rate. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. In this market, we use the HOLT-damped Trend method to forecast future development. The main drivers are GDP per capita an the online banking penetration rate.Additional Notes:
The market is updated twice per year in case market dynamics change.Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)