Gold Prices Dip 0.4%, Tokenized Gold Market Cap Hits $5.43 Billion

Gold prices have taken a hit today, dropping 0.4% to trade at $4,547.11 per troy ounce. This comes after reaching a 52-week high of $5,589.40 and hitting a low of $3,405.07 over the past year.

The total market cap of Gold stands at an impressive $34.69 trillion, while tokenized Gold has a market cap of $5.43 billion.

Tether's XAUT is the most popular tokenized Gold with a market cap of $2.78 billion, followed closely by Paxos Global's PAXG with a market cap of $1.96 billion.