XAUUSD

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Reminder Report for Tether Gold (XAU₮) - Market Value Reaches $770 Million
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**Key Audit Findings**
Tether has released its quarterly reminder report on Tether Gold (XAU₮), which revealed that the market value has reached $770 million. The report confirms that all issued tokens are fully backed by gold at a 100% ratio.

**Reserve Breakdown**
- 197,028.64 troy ounces of actual gold held
- Gold stored in Switzerland with periodic audits
- Each XAU₮ token represents 1 troy ounce of gold

**Market Impact**
This transparency report comes at a time when demand for gold-backed stablecoins is increasing amid market volatility. XAU₮ offers:
- 24/7 trading availability
- Lower fees than physical gold ETFs
- Blockchain settlement advantages
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Gold price surges past $3,300 on trade jitters, yield slump reviving haven demand. #XAUUSD

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#XAUUSD Gold Update

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XAU/USD in the Forex Market (2025):
XAU/USD represents the price of gold (XAU) in US dollars (USD). It’s one of the most traded pairs in the forex market, especially during times of economic uncertainty. As of April 2025, XAU/USD is seeing bullish momentum due to inflation fears, geopolitical tensions, and a weakening USD. Traders often use technical levels like support at $2,300 and resistance near $2,400 to guide short-term strategies.
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Gold #XAUUSD has reached the $3,490 level. Major institutions have updated their year-end forecasts. Let’s take a look 👀

Goldman Sachs: $3,700
UBS: $3,800
J.P. Morgan: $3,400
InvestingHaven: $3,500
Citi: $3,700

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#XAUUSD
#GOLD vs #dollar
AllTime high...
#support 3408
#resistence 3407