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Tether Gold's physical gold reserves rise 9.5% in Q2 despite a 14% drop in gold prices.

Protocol Fundamentals
04 Aug 2026
The Currency Analytics
View Source
Bullish
pluang ai news

In Q2, Tether Gold increased its physical gold reserves by 9.5%, even as gold prices fell 14.1%, marking the steepest quarterly drop since 2013. The number of holders of Tether's gold-backed token (XAUt) rose 6.5% to 253,000, showing strong investor interest during the dip. Additionally, XAUt received Shariah certification, opening potential access to Islamic finance markets. This growth reflects a buy-the-dip strategy and highlights demand for transparent, verifiable gold ownership within crypto infrastructure.

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