According to Theo CIO Iggy Ioppe, tokenized gold assets such as PAXG (Pax Gold) and XAUt (Tether Gold) are responsible for nearly 100% of publicly visible gold price discovery on weekends, when traditional CME Group gold futures markets are closed.
Since CME futures halt trading from Friday evening to Sunday evening, blockchain-based gold tokens become the primary transparent source for gold pricing. This trend demonstrates how digital assets and on-chain trading are not only complementing traditional markets but are increasingly influencing real-world commodity price signals. Analysts note that such tokenized assets provide continuous liquidity, transparency, and accessibility for global investors even when conventional markets are offline.
#GOLD_UPDATE
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