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🔥Digital Gold on the Rise🚀: Tokens Reflect Record Prices

Physical gold has reached historic highs, driving the trading of its digital representations. Tether Gold (XAUt) and Paxos Gold ($PAXG ), tokens that replicate the value of the precious metal, experienced unprecedented trading volumes last week, reaching USD 267 million and USD 802 million respectively.

Although PAXG recorded a higher weekly peak, XAUt has maintained a more consistent volume over the past year, currently boasting a higher market capitalization, surpassing USD 826 million.

This surge highlights the growing interest in digital safe-haven assets amid global economic uncertainty and geopolitical tensions, fueling bullish expectations for gold and its tokenized equivalents.