Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full XAUt token represents one troy fine ounce of gold on a London Good Delivery bar.
The XAUt token can be transferred to any on-chain address from the purchasers' Tether wallet where it is issued after purchase. Specific gold bar(s) will be associated with each on-chain address where Tether Gold is held.
Gold Allocation Lookup
Each Tether Gold token represents ownership of one troy fine ounce of physical gold. To identify the specific gold bar(s) and number of ounces of gold you hold on each bar, enter the address that holds your XAUt tokens below.
XAUt is available as an ERC-20 token on the Ethereum blockchain. The token can be traded or moved easily at any time, anywhere in the world.
Each XAUt represents ownership of one troy fine ounce of physical gold on a specific gold bar. Therefore, holders will obtain undivided ownership rights to gold on the specified gold bar(s). The allocated gold is identifiable with a unique serial number, purity and weight. At any time, XAUt holders can check the details of the gold bars associated with their address through the Look-up website.
Multiple Redemption Options
Holders of XAUt can make a redemption request in the form of physical gold so long as holders have completed TG Commodities Limited’s verification process and hold the required minimum number of XAUt. The holder’s physical gold can be delivered to a location of their choice in Switzerland or the holder can request that TG Commodities Limited attempt to sell the gold and receive the cash proceeds from that sale (less TG Commodities Limited’s fees).
24/7 Customer Support
We have a global customer support team ready at your service around the clock. No matter where you are and which time zone you are in, we will be available when you reach out to us.
What is Tether Gold?
Tether Gold (XAUt) is a digital asset offered by TG Commodities Limited. One XAUt token represents one troy fine ounce of gold on a London Good Delivery gold bar. XAUt tokens will be capable of being fractionalized up to six decimal places (i.e. in increments as small as 0.000001 troy fine ounce). XAUt will be sold by TG Commodities Limited.
What is the benefit of having physical assets on a blockchain?
Owning physical assets on the blockchain provides holders with the combined benefits of both physical and digital assets. XAUt token holder will be able to enjoy ownership of gold while avoiding drawbacks associated with physical gold, such as high storage costs and limited accessibility.
How can I buy Tether Gold?
You need to have a verified account with TG Commodities Limited that can be opened here.
The minimum purchase allowed is 50 XAUt or 50 fine troy ounces (at December 2019 prices 50 XAUt will cost about 75,000 US Dollars). All purchases will be in US Dollars.