Tether Gold reserves rise 9.5% as gold posts worst quarter in 13 years

Bullish-6.37%

4 Aug, 12:30

Source: Cointelegraph

AI Summary

Tether Gold (XAUt) increased its bullion reserves by 9.5% despite gold experiencing its worst quarterly performance since 2013, while tokenized commodity holder counts continue to grow.

Tether Gold reserves rise 9.5% as gold posts worst quarter in 13 years

XAUt added to its bullion backing during gold’s worst quarter since 2013, as tokenized commodity holder counts continued to rise.