Tether Gold, Despite a 14% Drop in Gold Prices, Sees a 9.5% Increase in Holdings in Q2

2026/08/04 12:12 (Updated 2026/08/04 13:01)

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Written by Enzo

Tether Gold, Despite a 14% Drop in Gold Prices, Sees a 9.5% Increase in Holdings in Q2

Demand Grows Despite Falling Gold Prices

TG Commodities, the issuer of Tether Gold (XAUT), announced on the 3rd that its holdings for the second quarter of 2026 increased by 9.5% compared to the previous quarter. This increase came despite a 14.1% drop in gold prices during the same period, indicating a growing demand for gold-backed physical assets. Gold prices ended the quarter at $4,008.02 per troy ounce, having fallen from the high of the first quarter amidst a stronger US dollar and shifting inflation expectations.

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