The current volatile macroeconomic environment has ignited a surge in gold investments among institutional investors and central banks, with gold bullion reaching unprecedented highs this year. Tether's gold-backed digital token, Tether Gold, has also seen significant growth, backed by 7.66 tons of gold and supporting over 259,000 XAUt tokens, with a market cap exceeding $800 million. The price of Tether Gold closely mirrors that of physical gold, trading just under $3,400 per troy ounce. Over the past year, XAUt's value has increased by 40%, reflecting the performance of spot gold. Launched in January 2020, Tether Gold is traded on major crypto exchanges and has recently expanded to Thailand. Central banks have accumulated over 1,000 metric tons of gold in 2024, marking a shift from previous years of net selling. This trend is driven by rising geopolitical risks and inflation concerns, prompting institutional investors to invest billions into gold ETFs, which saw $38 billion in inflows in the first half of 2025. Read more AI-generated news on: https://app.chaingpt.org/news

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