Trending 
Trending
Copied ₹412415.82
₹ 412415.82
Market Cap
₹ 310.74 B 0.9882%
Circulating Supply
808995
Max Supply
--
Volume
₹ 20.16 B
All Time High :
₹ 506656
All Time Low :
₹ 108167
Price change in 24H :
₹ 0
24H High :
₹ 386741
24H Low :
₹ 379624
Tether Gold is a digital token that tracks the price of gold. Its design is simple: one XAUT equals one troy ounce of gold. A troy ounce is a unit used for precious metals and is slightly heavier than a standard ounce, at about 31.1 grams.
Tether Gold belongs to a category called tokenized gold, which means digital tokens that represent ownership of physical gold. Other well-known tokenized gold products include PAX Gold (PAXG). Tokenized gold lets people gain exposure to the metal without buying, storing, or insuring bars themselves.
XAUT is issued by Tether, the company best known for USDT, one of the largest dollar-pegged stablecoins. Tether says XAUT is backed 1:1 by LBMA-certified gold bars held in a dedicated vault in Switzerland. The token has been on the market since 2020.
XAUT’s value depends on a simple promise: every token should be matched by physical gold. Tether says the gold is held in Swiss vaults and checked through periodic attestations and audits. An attestation is a report prepared by an accounting firm that confirms holdings at a specific date. It is a snapshot rather than a full audit, a distinction that matters when judging risk.
The first XAUT-specific attestation was published in April 2025, and Tether has released further reports since then. A report covering March 31, 2026, put backing at about 707,747 troy ounces of physical gold, matching the number of XAUT tokens in circulation at that date.
XAUT’s price closely follows the spot price of gold. Because it is a token, its market price can also be affected by trading conditions on exchanges, liquidity, and the premium or discount relative to spot gold. In most periods, XAUT trades very close to the gold spot price, but short-term gaps can occur, especially during market stress.
Tether says holders can redeem XAUT for physical gold, subject to its terms, verification requirements, and minimum amounts. Redemption rules, fees, and eligibility depend on the holder’s location and account type. Check the official Tether Gold website for current terms before relying on redemption as an option.
XAUT trades on a range of centralized and decentralized platforms. Reports in 2025 said it was available on exchanges including Kraken, KuCoin, and Bitfinex. Liquidity is strongest in USDT and USDC pairs. Regional access expanded in 2026 through partnerships in markets such as India and South Korea, though local availability varies.
Tether is the issuer. The company is led by CEO Paolo Ardoino, who has been the public face of XAUT announcements and social posts. Tether is based in El Salvador, according to recent reporting, and it has said it works with third-party firms for its attestations. The attestation for XAUT’s first report was carried out by the Italian arm of BDO, a global accounting firm.
Tether also has large holdings of gold beyond XAUT. Reporting in 2026 said Tether’s total gold holdings, including reserves backing USDT, were about 132 tons. Tether has said it aims to allocate 10% to 15% of its non-Treasury portfolio to physical gold as a strategic hedge. These numbers come from Tether’s own reporting and from news coverage, so they should be checked against the latest attestations.
Access to gold without storage: Holding physical gold requires secure storage, insurance, and sometimes transport. XAUT removes those steps.
Small unit sizes: Users can buy fractions of a token, which makes gold exposure possible with small amounts.
24/7 trading: Crypto markets run around the clock, while physical gold markets have set trading hours. XAUT can be traded at any time on supported platforms.
Transferability: Tokens can move between wallets and platforms quickly.
Crypto-native use: Some traders use XAUT as a stable store of value inside crypto markets, moving in and out of it without converting to fiat.
Both products are designed around the same idea. The decision between them usually depends on trading pairs, blockchain preference, fees, redemption options, and the issuer’s reporting, which should be compared directly.
Any investment carries risk, and tokenized gold has several specific ones.
Counterparty risk: Holding XAUT means relying on Tether to hold the gold, keep accurate records, and honor redemption. Attestations help, but they are not the same as a full audit. Users should understand that they depend on the issuer.
Redemption risk: Redemption terms can change, and access may depend on verification, minimum amounts, or jurisdiction.
Price risk: Gold prices can fall. Gold prices rose strongly in 2025 and early 2026 but also corrected in later periods. XAUT’s price follows gold, so holders face that volatility.
Liquidity and spread risk. Smaller platforms may have wider price spreads, and large trades can move the market.
Smart contract and wallet risk. Holding tokens in a wallet exposes users to phishing, fake token contracts, and approval scams.
Regulatory risk. Rules for crypto products and tokenized assets differ by country and can change. Eligibility to buy or redeem depends on where you live.
Tax treatment. Tax rules for gains on tokenized gold vary and can be complex. Consider consulting a qualified tax professional.
This article is informational only and not investment advice.
Decide whether you want exposure through a regulated broker, a crypto exchange, or a direct redemption route. Each has different costs and protections.
Check that the platform supports XAUT in your region and that trading pairs fit your needs.
Confirm the official contract address on a blockchain explorer before buying from a DEX.
Compare the spread, fees, and withdrawal options across platforms.
Keep small test transactions until you are comfortable with the process.
Use a secure wallet, enable two-factor authentication, and never share your seed phrase.
Read Tether’s latest attestation and redemption terms before holding a large position.
XAUT’s price rose sharply through late 2025 and early 2026, tracking gold’s strong rally.
Reporting from January 2026 said Tether Gold reached an all-time high of about $4,885 on January 21, 2026, a gain of about 3.7% that day.
A January 2026 analysis said XAUT traded near $5,550 at the end of the month, though this figure appears in less consistent sources and should be verified against a major price feed.
By early August 2026, XAUT was trading around $4,254 according to a market data page, with a market capitalization of about $2.6 billion and 24-hour volume of roughly $373 million.
In mid-September 2026, reports put XAUT at about $4,284, with a market cap near $2.67 billion, in line with the spot gold price at that time.
A late-July data page quoted the token in euros, showing it about 24% below its January peak in that currency.
These figures show a clear pattern: a strong early-2026 run, a correction afterward, and a stable-to-higher range in late summer. Because sources report different currencies and dates, treat them as a general trend.
Tether’s reserve reporting has been a major theme.
The first XAUT-specific attestation, published in April 2025, reported about 246,523 ounces (7.7 tons) of gold backing the token, with a market cap of about $770 million at the end of the first quarter of 2025. Tether described the report as the first official attestation specific to XAUT.
A second attestation in July 2025 reported more than 7.6 tons of gold backing the token, with nearly 250,000 tokens in circulation and a market capitalization above $814 million.
Later in 2025, Tether reported that reserves had grown to 11.6 tons, with about 375,000 ounces held in Swiss vaults by the end of September 2025.
For the first quarter of 2026, Tether reported about 707,747 troy ounces of physical gold backing XAUT as of March 31, 2026, a 36% increase from the end of 2025. Market value was reported at about $3.3 billion at that point.
Reporting on Tether’s gold accumulation pointed to a slowdown in one area during Q1 2026. Gold purchases for USDT reserves slowed to about 6 metric tons in the first quarter, compared with 27 tons in the fourth quarter of 2025.
The growth in reserves has also drawn scrutiny. Some commentators have raised questions about Tether’s broader financial reporting, particularly around USDT. Attestations are useful but do not replace full audits, so readers should weigh them accordingly.
Phase-out of Alloy by Tether: In June 2026, Tether announced it would phase out support for the Alloy by Tether platform and its aUSD₮ stablecoin, citing user activity, market demand, and strategic priorities. Existing users were given until September 17, 2026, to redeem and withdraw their gold-backed products. Tether said it would redirect resources toward XAU₮ and other core products. The move signals that XAUT is a central part of the company’s strategy going forward.
Gold accumulation and treasury strategy: Tether has said it aims to hold a meaningful share of its non-Treasury portfolio in gold, which supports the growth of XAUT’s reserves. The pace of new gold purchases has varied from quarter to quarter.
Institutional treasury activity: In October 2025, a Nasdaq-listed company called Aurelion announced a purchase of $134 million worth of XAUT as part of a treasury strategy. Large institutional buyers can affect liquidity and price, so their activity is worth watching.
Market leadership: Coverage in 2026 consistently describes XAUT as one of the largest tokenized gold products by market value, with its share of the category growing over time.
2020: XAUT launches.
April 2025: First XAUT attestation reports about 7.7 tons of gold backing the token.
July 2025: Second attestation reports more than 7.6 tons, with a market cap above $814 million.
October 2025: Aurelion announces a $134 million XAUT purchase. Reserves reach about 11.6 tons by the end of September 2025.
January 2026: XAUT hits an all-time high near $4,885 on January 21 as gold prices surge.
Q1 2026: Reserves reach about 707,747 ounces at March 31. Tether’s gold accumulation for USDT slows.
May 2026: Reports highlight a market value above $3.3 billion.
June 2026: Tether announces the phase-out of the Alloy platform, with a redemption deadline of September 17, 2026.
August 2026: CoinDCX partnership brings XAUT to Indian users with SIPs from ₹100. XAUT options appear later on the platform.
September 2026: XAUT trades around $4,284 with a market cap of about $2.67 billion.
Gold’s strength in 2025 and early 2026 is the primary driver of XAUT’s growth. Reports described gold rising about 65% in 2025 and hitting record highs in January 2026 before correcting and consolidating. Demand drivers cited in reporting include geopolitical tensions, macroeconomic uncertainty, and central bank buying. XAUT’s market value follows this cycle, which is why its price can move quickly when gold moves.
Tether Gold is a token issued by Tether in which each token represents one troy ounce of physical gold held in Swiss vaults.
Tether says XAUT is backed 1:1 by physical gold held in a dedicated vault. Attestations from accounting firms report holdings at specific dates. Attestations are snapshots, not full audits.
Tether reported about 707,747 troy ounces backing XAUT as of March 31, 2026. Figures change over time, so check the latest attestation.
Tether issued XAUT. Its CEO is Paolo Ardoino.
XAUT launched in 2020.
One XAUT is designed to track the price of one troy ounce of gold. Its market price depends on gold’s spot price and market conditions.
Tether says holders can redeem for physical gold under its terms. Eligibility, minimums, and fees depend on location and verification. Check the official website.
XAUT is issued on several blockchains, including Ethereum. Confirm the correct network and contract address before transacting.
No. Both are gold-backed tokens from different issuers. They have similar designs but different issuers, markets, and features.
Safety depends on the issuer’s reserves, redemption ability, platform security, and your own wallet practices. XAUT carries counterparty and price risk.
XAUT is a gold-backed token and is not designed to pay interest. Some platforms may offer separate earnings products, which carry their own terms and risks.
Availability depends on partnerships and local regulations. Reports in 2026 described an expansion of access in India through a partnership with CoinDCX, including investment plans starting from ₹100. Check current availability and rules before trading.
XAUT trades on several exchanges and decentralized platforms. Availability varies by country. Use official Tether resources to confirm legitimate platforms.
No. Gold ETFs and futures are traditional financial products with different structures. XAUT is a crypto token backed by physical gold.
