When traditional gold markets are heated, cryptoinvestors follow – flocking to tokenized versions of precious metal that offer both price exposure and digital flexibility.

Gold -supported Cryptocurrencies such as Paxos Gold (PAXG) and Tether Gold (Xaut) have risen 24.15% and 23.7% years to date to new all times over $ 3,300, which roughly matches the performance of Spot Gold. Their prices have since gone back a bit to $ 3,265 and $ 3,244.

While gold-supported cryptocurrencies rose so far this year, the wider cryptocurrency market has been in a downward. Bitcoin (BTC) has lost more than 11% of its value so far this year, while the wider crypto market has fallen by just over 30%, based on Coindesk 20 (CD20) index.

Tokens, supported by physical gold and the trail of its price, experienced an increase in value as investors sought refuge from the uncertainty caused by the escalating trade war in the US China.

The move repeats a wider return to gold as a safe asset. Inflow to Gold ETFs hit 226.5 tonnes in the first quarter of 2025, the highest level since the beginning of 2022, according to World Gold Council data. Almost 60% of this requirement came from North America.

Similarly, Gold supported Cryptocurrencies Net-token coinance of over $ 42.7 million in the first quarter of the year, according to data from RWA.xyz, which helped with Gold’s award assessment to raise their total market value near $ 1.4 billion.