Crypto
Tokenised gold demand returns in crypto market
Tokenised gold drew strong demand again in the crypto market in August, as traders increased trading in tokenised gold and gold perpetual futures. Spot gold recently rose to around $4,600 before easing to about $4,480. Tether’s gold-linked token XAUT traded at $4,474.72 on Sept. 4 and continued to lead on-chain activity, with its market value at $3.15 billion and $59 million of inflows that day.
