Gold cryptocurrencies have value in the midst of the global trade war released by US President Donald Trump’s April 2 tariffs.
Tether gold (Xau) and gold paxos (Paxg) reached all-time highs on April 22, with tether gold that touched $ 3,529 and the paxos gold recording a peak of $ 3,520, According to in data from coinmarketcap. Two other gold backed cryptocurrencies-quorium (QGold) and Kinesis Gold (Kau) —As the increasing increase of 8.5% and 7.6%respectively, in the past 30 days. All four tokens have reached 40% or more in the last 12 months, shown coingecko data.
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According to In a report by Tether, the increased demand for XAut was due to macroeconomic factors, such as increasing economic uncertainty, geopolitical conflicts, and an rising need for inflation-resistant properties.
Because President Trump’s trade warfare, gold increased dramatically. On April 2, “Trump’s release day,” When the tariffs are announced, the price of an ounce of gold is $ 3,115. At the time of this writing, on April 28, the ounce price was at $ 3,335, representing a 7% jump in less than 30 days.
Gold, often seen as a fence against inflation, usually attracts investors in times of economic uncertainty. In similar lines, the bitcoin (Btc), often referred to as “digital gold,” rose 14% at the same time.
Growing RWA market
The tokenization of the real-world asset (RWA)-products that carry properties such as precious metals, bonds, and real estate to the blockchain-is a growing market. According to In RWA.xyz, the tokenized RWA market capitalization (excluding stablecoins) stands at $ 21.6 billion, up to 8.6% over the past 30 days.
Tether Gold and Paxos Gold are examples of RWA tokenization. Each coin in both products has been reported to be supported by a troy ounce of actual gold. Tether is said to have stored its gold reserves in Switzerland, while Paxos keeps his gold in London. Tokenized gold became a powerful case of crypto use in 2025, Reaching a two-year high in trading volume on April 10.
Tokenizing gold has several advantages over more common investment instruments that provide exposure to gold. For example, regulating through these funds are instant, enabling fast trading. In addition, some tokenized gold token can be used to buy goods and servicesWhile traditional instruments can usually be redeemed only for fiat currency.
Related: Tether launched gold-back, US dollar stablecoin alloy
