In light of global economic uncertainties triggered by tariffs imposed by US President Donald Trump, the trading volume of tokenized gold has reached a new record, exceeding $1 billion.
Surge in Tokenized Gold Trading
For the first time since March 2023, trading volumes for tokenized gold surpassed the $1 billion mark. This increase occurred against the backdrop of news about tariffs set by Trump, steering investors towards safe-haven assets. According to a CEX.io research report, interest in tokenized gold began growing in February amidst trade war concerns.
Physical Gold Prices
The situation in the physical gold market is also encouraging: by March 31, gold prices reached an all-time high of over $3,100 per ounce. In 2025, gold prices increased by more than 18%, significantly outperforming Bitcoin, which has seen a 12% decline over the same period.
Current Market Situation and Outlook
According to Illia Otychenko, lead analyst at Cex.io, tokenized gold is becoming an alternative for investors seeking safe assets. However, at the current stage of market development, tokenized gold cannot compete with its physical counterpart and mainly serves as a diversification tool.
The trading volume of tokenized gold continues to grow amidst economic uncertainty, underscoring its ongoing appeal as a safe-haven asset.
