XAUT (Tether Gold) is currently trading at around $4,435 USD, down 2-3% in the last 24 hours, down around 5% in the week. Market cap is around $2.48 billion. New listing on Binance, volume is also very high. It is a fully gold-backed token. Tether has real gold stored in its warehouse. XAUT follows the price of gold as it fluctuates. The gold market is a bit volatile right now, but it is still hot in the eyes of many as a long-term safe haven asset.
What will happen in the future? Many analysts say it could go from $5,500 to $7,000 by the end of 2026 (6.7 lakh to 8.5 lakh+ in Taka). Reasons: Gold's bull run is still going on Tokenized gold demand is increasing (institutional investors are entering) Tether's skudo unit has been launched, making trading easier
But remember, if the price of gold crashes, XAUT will also fall. This is not a guarantee, just a market trend.
Still seems like a good option for those looking to hold long term. But be careful if you trade short term!