Gold prices continue to hit new highs, and digital gold products like XAUm are once again attracting attention.

ChainCatcher Message, recently, the overall international precious metals market has been strengthening. The prices of major precious metals such as gold, silver, and platinum have consecutively hit record highs. According to Reuters, spot gold briefly touched approximately $4,525 per ounce during trading and broke through the $4,500 per ounce mark for the first time; the year-to-date increase has exceeded 70%. Meanwhile, silver and platinum prices also reached historic highs, and the precious metals sector as a whole performed outstandingly.

Market opinions believe that this round of precious metals rally is related to rising geopolitical uncertainties, increased safe-haven demand, and expectations for future interest rate cuts. Against this backdrop, digital asset forms related to gold have also attracted attention. As the prices of underlying assets rise, discussions around gold tokenization assets have increased in tandem. Represented by XAUm, a gold token launched on Matrixport’s RWA platform Matrixdock, these products are based on physical gold assets and use tokenization structures to bring gold value into on-chain systems, providing digital asset investors with a new value carrier option. As gold prices rise, exploration of on-chain holding, transfer, and potential financial applications of gold tokens (such as collateralization and DeFi participation) has gradually increased, making them a recent focus in the precious metals market.