BSP-Regulated Pawnshops Only

Best Pawnshops in Metro Manila 2026 — Compare Rates

Monthly interest rates, accepted items, and locations for Cebuana, Palawan Pawnshop, M Lhuillier, and more. All BSP-regulated.

BSP Circular 1119
Cash in 15–30 min
No income proof
Updated March 2026

All pawnshops in the Philippines are regulated by the Bangko Sentral ng Pilipinas (BSP). Maximum monthly interest rate: 3.5% (BSP Circular No. 1119, Series of 2021)

Complete Chain Guides

In-Depth Pawnshop Chain Guides

Everything you need to know about the Philippines' top 3 pawnshop chains — rates, services, branches, and honest pros & cons.

Verified Data

Pawnshop Comparison Table

Compare monthly interest rates, accepted items, and branch counts from BSP-regulated chains.

Cebuana Lhuillier
Largest network in the Philippines
3.5%

Loan Range

₱300 – ₱100,000

Branches

2,500+

JewelryElectronicsGadgetsAppliances
Palawan Pawnshop
Best rate among major chains
3.0%

Loan Range

₱200 – ₱50,000

Branches

3,000+

JewelryGadgetsSmartphones
M Lhuillier
Best for luxury & high-value items
3.5%

Loan Range

₱300 – ₱200,000

Branches

2,800+

Gold JewelryWatchesLuxury ItemsDiamonds
ValueMax
Specialists in luxury collateral
Varies

Loan Range

₱500 – ₱500,000+

Branches

20+

Luxury WatchesDesigner BagsFine JewelryBullion

Rates as of March 2026. Verify current rates directly with provider. BSP Circular 1119 caps monthly interest at 3.5%.

Market Data

Today's Gold Price in Manila

Gold Price Today — March 29, 2026
LIVE
GOLD K24 (999)
₱5,580
/gram
+0.46%
GOLD K22 (916)
₱5,115
/gram
+0.44%
GOLD K18 (750)
₱4,185
/gram
-0.12%
GOLD K14 (585)
₱3,264
/gram
+0.31%

Pawnshops typically offer 80–92% of spot price when buying gold. Get multiple quotes before selling.

Source: Philippine gold market rates. Reference only — verify with buyer before selling.

Price Reference Table
PurityPer GramPer Tola (11.66g)Per Troy Oz (31.1g)
K24 (999)₱5,580₱65,063₱173,538
K22 (916)₱5,115₱59,641₱159,077
K18 (750)₱4,185₱48,797₱130,154
K14 (585)₱3,264₱38,058₱101,510

Guide

How Pawnshop Interest Works

Understanding how pawnshops calculate interest helps you compare offers and redeem your items without surprise costs.

01

Bring your item

Any jewelry, gadget, or accepted collateral. No appointment needed.

02

Get appraised

Staff appraises the item and offers a loan based on its market value.

03

Receive cash

Accept the offer, sign the pawn ticket, and receive cash in 15–30 min.

04

Redeem or renew

Pay principal + interest within the pawn period (typically 4 months) to reclaim your item.

Location Guide

Where to Sell Gold in Manila

Different areas offer different types of gold buyers. Here's what to expect across Metro Manila.

BGC (Bonifacio Global City)

Premium Buyers

Premium gold buyers catering to expats and high-net-worth individuals. Competitive rates, professional appraisals.

Luxury pawnshops (e.g., Villarica BGC)

Best for high-value gold and jewelry items

Accredited gold dealerships

BSP-registered, transparent pricing per gram

Walk-in appraisal at upscale jewelers

Usually open Mon–Sat 10AM–8PM

Makati CBD

Largest Concentration

Highest concentration of licensed gold buyers in Metro Manila. Ayala, Salcedo, and Legaspi Village all have multiple options.

Gold exchange shops near Ayala Ave

Compare at least 2–3 buyers before selling

Cebuana / M Lhuillier gold buying

Convenient but typically lower rates

Precious metals dealers in Salcedo Village

Best for 22K–24K gold and bullion

Binondo (Manila Chinatown)

Best Rates

Gold trading hub since colonial times. Hundreds of gold shops along Ongpin Street. High competition means competitive prices.

Ongpin Street gold shops

Negotiate — prices are more flexible here

Jewelry workshops and refinery buyers

Accept broken or damaged jewelry

Wholesale gold buyers

Best rates for larger quantities (100g+)

Quiapo / Carriedo (Manila)

Highest Density

Dense cluster of pawnshops and jewelry buyers near Quiapo Church. Ideal if you need quick cash in the area.

RD Pawnshop and Tambunting branches

Multiple branches within walking distance

Small independent gold buyers

May offer slightly higher rates — compare first

Palawan Express branches

Good for smaller amounts, quick process

Pro Tip: Always get multiple quotes

Gold buying prices can vary by 10–15% between buyers in the same area. Getting at least 3 quotes takes 30 minutes but can mean hundreds of pesos more in your pocket.

FAQ

Frequently Asked Questions

Common questions about pawnshops and selling gold in Metro Manila

Disclaimer: Rates as of March 2026. Verify current rates directly with provider. Pawnshop Manila is an independent guide. We do not sell your information. All data is publicly sourced.

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