Tether Gold rides bullion boom as central banks, ETFs rush to accumulate

Tether Gold’s price has increased significantly, mirroring institutional investment trends in gold. Its market cap has surpassed 800 million USD with a supportive gold reserve of 7.66 tons, indicating strong demand.

In 2024, central banks have stockpiled over 1,000 metric tons of gold, suggesting a robust shift towards gold-backed assets amid increasing geopolitical tensions and inflation.

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