Price
$2,631.09
24h% change
0.2%
Volume (24h)
$4.125M
Market Cap
$648.590M
Tether Gold (XAU₮) stands as a stablecoin representing direct ownership of one fine troy ounce of gold on a physical bar meeting the London Bullion Market Association's (LBMA) Good Delivery standard, maintaining a 1:1 ratio. This innovative technology grants access to a stablecoin backed by physical gold, circumventing the challenges linked to owning physical gold, including steep storage expenses and restricted accessibility. Notably, XAU₮ tokens are divisible up to six decimal places, enabling fractionation as minute as 0.000001 troy fine ounce increments.
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Tether Gold’s historic highest price is $2,815.31, which was recorded on 23rd of October 2024. Currently, Tether Gold’s price is %6.7 Lower than its historic high.
Tether Gold’s historic lowest price is $1,447.84, which was recorded on 19th of March 2020. Currently, Tether Gold’s price is %81.4 Higher than its historic low.
Let's take a look at the important factors that impact Tether Gold's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.