Gold breaks $3800 to reach a new high, the market capitalization of tokenized gold exceeds $2.9 billion.

2025-09-30 04:40:27

[Coin World] As the spot price breaks through $3,800 per ounce, reaching a historic high, it has surged 47% year-to-date, accelerating the historic rise of gold. The tokenized gold market is also reflecting this growth trend, with a market capitalization reaching a record $2.9 billion, of which a certain platform's tokenized gold market capitalization stands at $1.43 billion, with a monthly volume of $3.25 billion, while another platform's tokenized gold market capitalization is $1.12 billion. Expectations of Fed interest rate cuts, a weakening dollar, and political uncertainty are driving demand for gold, whereas Bitcoin's 22% rise is slightly less impressive.

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