Tether reported a decline of about 3 metric tons in its physical gold reserves during the third quarter, dropping from 168 to 165 tons. Despite this being the first quarterly reduction since Tether became a significant gold buyer, analysts from Jefferies and Société Générale remain optimistic about the company's long-term gold demand. Tether's gold holdings have nearly doubled since mid-2025, and the company continues to play a major role in the physical gold market, with gold backing about 10% of its USDT stablecoin reserves. The recent drop is seen as a short-term fluctuation rather than a shift in strategy, as Tether also increased holdings in Bitcoin and other assets. The growth of digital gold tokens like Tether's XAUT is reshaping global gold demand, though it may add volatility due to shorter holding periods by token investors.
Tether's recent adjustment in gold reserves provides context for market activity on Pluang. For readers following Pluang's market as of Nov 04, 2026 09:31 WIB: out of 150 priced US stocks, 40 rose and 107 fell today. Notable movers include Palantir Technologies Inc (PLTR) at USD 168.01 with a 1-day change of -5.79% and Pluang order activity of 56% Sell / 44% Buy, Canopy Growth Corp (CGC) at USD 0.72 with a 1-day change of +5.76% and 100% Buy order activity, and Block Inc (XYZ) at USD 81.46 with a 1-day change of +5.68% and 100% Sell order activity. Typical hold times range from 40 to 80 days across these stocks.
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The Invesco S&P 500 Pure Growth ETF (RPG) remains rated as a 'hold' due to concerns about the sustainability of its current profitability and growth estimates. Although its valuation has improved with a 28% drop in trailing P/E to 23.74x, risks remai...
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RideNow Group, a leading powersports dealership in the U.S., will announce its third quarter 2026 financial and operational results on November 10, 2026, after market close. The company will hold a live conference call and webcast at 4:30 p.m. Easter...
