Tokenized Commodities Fill Weekend Gold Price Gap
The traditional gold price has a significant gap in coverage during weekends due to its limited publication schedule. The LBMA benchmark only publishes twice daily at 10:30 AM and 3:00 PM London time, on business days.
This leaves investors with an approximately 62-hour data blackout between Friday's PM fix and Monday morning's open. CME Globex gold futures help extend coverage but still leave a roughly 25-hour weekend gap.
Tokens representing physical commodities like gold and silver, known as tokenized commodities, have filled this gap in the market. These digital tokens trade on crypto exchanges 24/7/365, ensuring continuous price discovery even during weekends.
The tokenized gold market has experienced significant growth over the past year, with trading volume reaching $178 billion in 2025 and a market value of over $5.9 billion, up from approximately $1.8 billion.
PAX Gold (PAXG) and Tether Gold (XAUT), two prominent tokens in the space, have become essential instruments for gold price discovery during geopolitical events that occur on weekends when traditional markets are closed.
To track tokenized commodities, one can use a no-code Google Sheets setup with the CoinGecko for Google Sheets add-on or build a Python-based tracker using the CoinGecko API. Both methods utilize a free Demo API key and provide access to real-time data on tokenized gold, silver, and other commodities.