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Full Cuan Holder, World Gold Performance - XAUT This Year Surpasses 60%
The world gold (XAU) has once again surpassed its all-time high, reaching US$4,242. This means that this year the asset has made new history with a significant growth of more than 60%.
This has caused the tokenized gold owned by Tether (XAUt) to rise by 62%, reaching an all-time high of (ATH) US$4,252 today, Thursday ( 14/10) morning, as reported by CoinMarketCap.
Furthermore, Antam's precious metals have also surpassed the highest record, which is now valued at Rp2,407,000 per gram with a growth of 58% over the same period. This increase indicates the continuation of a positive trend for gold globally, as well as other gold-based investment instruments.
Moreover, the current geopolitical situation is on the brink of concern. This is because the President of the United States (AS) Donald Trump has just declared a trade war with China after imposing a 100% tariff on China, which caused several investment instruments to temporarily drop.
As a result, these concerns have led investors to focus their portfolios on gold, which is considered a safe haven.