
Tether Goldxaut#30
By Twin · CoinHours Editorial · Coin profile maintained by CoinHours Editorial · Market data refreshes every 60s
$3,871.85
7d Change
-2.88%
30d Change
-7.41%
24h High
$3,881.76
24h Low
$3,876.30
Price Chart
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About Tether Gold
Tether Gold is a digital asset where each token represents ownership of one troy ounce of physical gold stored in Swiss vaults. Issued by Tether, the same company behind USDT, XAUT allows investors to gain gold exposure without the logistics of physical storage or the premium costs of traditional gold ETFs. The token operates on multiple blockchains and provides holders with the option to redeem for physical gold, subject to minimum requirements.
Primary use case: Gold-backed token providing digital ownership of physical gold bullion stored in Swiss vaults.
CoinHours Analysis
Secret Service, FBI Join Binance Hack Probe as Circle Freezes $823 Million
Binance is working with the FBI and the U.S. Secret Service following a multibillion-dollar exchange hack, according to Reuters as reported by Decrypt . Stablecoin issuers moved quickly in the hours after the theft was identified: Circle froze approximately $823 million in USDC connected to the attack, while Tether CEO Paolo Ardoino said it froze more than 1.567 billion USDT in the statement embe
Tether's Ardoino Defends Iran Sanctions Record Against Blumenthal Probe
Tether CEO Paolo Ardoino pushed back on Monday against a Senate subcommittee report accusing the stablecoin issuer of acting as a financial lifeline for Iran's shadow banking network, posting data on X claiming Tether freezes suspicious addresses well before U.S. and Israeli authorities formally designate them. According to CoinDesk , Senator Richard Blumenthal, the top Democrat on the Senate Per
Tether's USDT Set to Return to Bitcoin Network This Month
Tether is bringing the world's largest stablecoin back to the blockchain it started on. According to CoinDesk , USDT, a stablecoin with a market cap of nearly $190 billion, is set to relaunch on the Bitcoin network this month through Tether-backed infrastructure project Utexo, more than a decade after it first debuted there in 2014 on the Omni protocol before migrating primarily to Ethereum and T
Binance's $100M Circle Deal Boosts USDC in Stablecoin Race With Tether, Analysts Say
Binance has taken a $100 million equity stake in Circle and signed a new five-year commercial agreement to promote and integrate USDC across its platform, according to CoinDesk . The deal gives the world's largest crypto exchange a direct financial stake in Circle's growth while handing USDC a wider distribution footprint in markets where Tether 's USDT has historically dominated. Market Intellig
Understanding Tether Gold Price Data
The Tether Gold price shown above is a volume-weighted average across major spot exchanges, sourced from CoinGecko and refreshed continuously throughout the trading day. Cryptocurrency markets trade twenty-four hours a day, seven days a week — there is no opening or closing bell — so the 24-hour change figure is a rolling window measured against the price exactly one day prior, not against a fixed daily close. The 7-day and 30-day percentage moves use the same rolling-window methodology, which means the figures shift continuously rather than resetting at midnight.
Market capitalisation for Tether Gold is calculated by multiplying the current price by the circulating supply — the number of XAUT units currently in public hands and not locked, burned, or reserved by the protocol. This differs from total supply (all units that have ever been created) and max supply (the protocol-defined cap, where one exists). For assets with significant locked or vesting allocations, fully diluted valuation can be a more useful long-term measure than market cap alone. The 24-hour trading volume figure aggregates spot trading across reporting exchanges and excludes derivatives and over-the-counter activity, which can be substantially larger for major assets.
All-time high (ATH) figures reflect the peak USD price ever recorded for Tether Gold on a major exchange. The ATH change percentage shows how far the current price sits below — or above — that peak, and is one of several inputs the CoinHours Market Cycle Indicator uses when assessing where the broader market sits in its four-year halving cycle. For longer-term investors, ATH drawdown combined with 200-week moving average position and the Fear & Greed Index gives a clearer cycle picture than any single metric in isolation.
Tether Gold for Australian Investors
In Australia, the Australian Taxation Office (ATO) treats Tether Gold and other cryptocurrencies as capital gains tax (CGT) assets rather than as currency. Every disposal — selling for AUD, swapping for another crypto, spending on goods or services, or gifting — is a CGT event that must be reported in your tax return. Holding XAUT for more than twelve months before disposing of it qualifies you for the 50% individual CGT discount, which is one of the most significant tax planning levers for long-term holders. See the crypto tax encyclopedia entry for a full breakdown of ATO record-keeping requirements, cost-base calculation methods, and the tax treatment of staking rewards, airdrops, and DeFi income.
Australian investors typically buy Tether Gold through a registered exchange that complies with AUSTRAC anti-money-laundering requirements. Once acquired, holdings can be left on the exchange (counterparty risk), moved to a software wallet (convenience with online attack surface), or transferred to a hardware wallet for cold-storage self-custody (highest security, least convenient). The CoinHours security guide walks through the trade-offs in detail, including seed-phrase storage, multi-signature setups, and inheritance planning. For background on the underlying technology, the Crypto Encyclopedia covers blockchain fundamentals, consensus mechanisms, and the Tether Gold protocol in plain English.
Tether Gold FAQ
How does Tether Gold differ from other gold investments?
XAUT provides digital ownership of specifically allocated gold bars in Swiss vaults, rather than pooled gold or shares in a fund. Each token represents one troy ounce of identifiable London Good Delivery gold. This differs from gold ETFs, which typically hold shares in a fund, or gold pools where investors own portions of combined gold holdings.
Can Australian investors redeem XAUT tokens for physical gold?
Yes, XAUT holders can redeem tokens for physical gold delivery, but this requires meeting minimum quantity requirements and following specific procedures. The process involves Know Your Customer verification, fees for delivery and insurance, and compliance with both Swiss and Australian import regulations for precious metals.
How are XAUT holdings taxed in Australia?
The ATO treats XAUT as a cryptocurrency asset for tax purposes. Capital gains tax applies to any profits from selling XAUT tokens, similar to other digital assets. The gold backing doesn't provide special tax treatment. Investors must maintain records of transactions including dates, amounts, and AUD values for tax reporting.
What are the main risks of holding Tether Gold?
Key risks include counterparty risk with Tether Operations Limited, potential regulatory changes affecting token operation, blockchain network risks, and possible divergence between token price and gold spot price. Storage risks apply to the underlying gold, and redemption involves minimum quantities and fees that may not suit all investors.
How can investors verify the gold backing XAUT tokens?
Tether provides a transparency page showing real-time information about gold reserves backing XAUT tokens. This includes details about the specific gold bars, their serial numbers, and storage locations. The company also publishes regular attestations from professional services firms regarding the gold holdings and token issuance.
Frequently Asked Questions
How often is the Tether Gold price updated?
CoinHours pulls live XAUT pricing from CoinGecko, which aggregates trades across major exchanges. The page refreshes the displayed figures every few minutes; the underlying market data updates continuously and may move significantly between refreshes during volatile sessions.
Why does the Tether Gold price differ between exchanges?
Each exchange runs its own order book, so prices drift slightly based on local supply and demand, regional liquidity, and pair availability. The figure shown here is a weighted average designed to represent the broad market price rather than any single venue. Arbitrage typically keeps the differences small for major assets but can widen during fast moves or on smaller exchanges.
Is buying Tether Gold legal in Australia?
Yes. Cryptocurrency is legal to buy, hold, and trade in Australia. Exchanges operating in Australia must register with AUSTRAC and comply with anti-money-laundering and counter-terrorism financing rules. The ATO treats crypto as property for tax purposes — see the Australian investors section above for tax implications.
What is market cap and why does it matter?
Market capitalisation equals current price multiplied by circulating supply and gives a rough measure of an asset's total value in public hands. It is a more meaningful comparison metric than price alone because two coins with identical prices can have radically different supplies. Market cap rank is one input investors use when assessing relative size, but it does not account for locked tokens, future emissions, or actual on-chain liquidity.
Should I store Tether Gold on an exchange or in a wallet?
Exchange custody is convenient but exposes you to counterparty risk — exchange failures and hacks have wiped out customer balances historically. For amounts material to your finances, a hardware wallet under your own control is the standard recommendation. Read the security guide for a full comparison of custody options and seed-phrase best practices.
Information on this page is general in nature and does not constitute financial, investment, or tax advice. Cryptocurrency prices are volatile and you can lose your entire investment. Consult a qualified Australian financial adviser and registered tax agent before making investment decisions.