Tokenised gold continues rally while Bitcoin slides on US attack against Iran
Yahoo Finance·2026-02-28 17:18
Tokenised gold continued its rally on Saturday while the price of Bitcoin and Ethereum slid after the US and Israel bombed Iran. Investors this week piled into Tether Gold and Paxos Gold over tensions in the Middle East. Both assets continued to surge following the unprecedented attack on Iran. Tether Gold — XAUT — jumped as high as $5,455 on Saturday morning in New York. It then dropped slightly and was recently trading for $5,332, about 5% below the all-time high it notched in February and up 2% over t ...