Digital Gold to Triple in Five Years: Gold Is Getting to Work Onchain

The World Gold Council’s latest report shows that the digital gold market has reached $45 billion to $55 billion.
In the baseline scenario, it is expected to grow at an average annual rate of about 27%, potentially reaching $160 billion to $170 billion by 2031.
In the first quarter of 2026, spot trading volume in tokenized gold exceeded $90 billion, surpassing the total for all of 2025.
Although it currently accounts for less than 1% of the global physical gold investment market, nearly 90% of respondents said they would be willing to allocate to digital gold under the right conditions.
Army Outlook:
Gold is shifting from an “asset locked in a vault” to “programmable, liquid collateral onchain.”
When millennia-old trust takes flight on the wings of blockchain, the wave of traditional asset digitization is only just beginning.