Six Years, Zero Q4 Losses: XAUT Defends Its Winning Streak on a Thin 0.3% Margin

Since Tether Gold (XAUT) launched in 2020, it has finished every fourth quarter in the green: six for six.

• Tether Gold (XAUT) is defending a six-year streak of positive fourth-quarter performance, currently holding a narrow 0.3% margin.
• Tether recently minted approximately $495 million in new XAUT tokens, replenishing inventory, while the Federal Reserve has resumed interest rate hikes.
• The article analyzes XAUT's historical performance, supply changes, and the broader macroeconomic backdrop including inflation and Fed policy, highlighting potential risks to the streak.

Topics: Asset types, Institutional adoption, Market cycles macro sensitivity, Alternative assets, Asset manager initiatives, Interest rate sensitivity, Inflation recession impact

Tags: #xaut #tethergold #q4streak #goldprice #federalreserve #interestratehikes #tokenmint #supplyincrease #worldgoldcouncil #macroeconomicfactors

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How surging gold prices led to the biggest jump on this year's Southeast Asia 500 | Fortune

Surging gold prices helped lift Indonesia's Hartadinata Abadi up 115 places on the Southeast Asia 500, as investors flocked to the safe haven asset.

• Surging gold prices, driven by geopolitical unease and central bank demand, led to a significant revenue surge for Indonesian gold retailer Hartadinata Abadi, making it the biggest climber on the Fortune Southeast Asia 500.
• The article highlights a shift in investor behavior towards gold as a safe-haven asset, with both institutional and retail investors, including younger demographics in Asia, increasing their allocation to gold and other precious metals.
• Despite a strong run, gold's recent price decline post-Iran conflict, coupled with rising interest rates and currency depreciation, suggests a potential end to its rally, with experts advising it as a complementary asset within a diversified portfolio.

Topics: Asset types, Market cycles macro sensitivity, Alternative assets, Interest rate sensitivity, Inflation recession impact

Tags: #goldprices #hartadinataabadi #southeastasia500 #safehavenasset #geopoliticalunease #centralbanks #worldgoldcouncil #bullion #stashaway #preciousmetals

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Singapore to offer gold storage services to foreign central banks

Singapore will allow foreign central banks and sovereign entities to store their gold reserves in the country from October as the city-state seeks to strengthen its position as a regional center for gold trading and storage. - VnExpress International

• Singapore is enhancing its position as a regional gold hub by offering gold storage services to foreign central banks and sovereign entities starting October.
• This initiative includes secure storage, gold accounts, and aims to connect reserve assets with market liquidity during Asian trading hours.
• Further measures include an OTC gold clearing system by end-2026 and expanded interbank trading from 2027, with six major banks joining as clearing members.

Topics: Asset types, Jurisdictions, Institutional adoption, Alternative assets, Established hubs, Asset manager initiatives

Tags: #singapore #goldreserves #centralbanks #sovereignentities #goldtrading #storageservices #monetaryauthorityofsingapore #worldgoldcouncil #otcgoldclearing #bullionbanks

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