Tokenized Gold Sets the Price While Traditional Markets Sleep

Tokenized Gold Sets the Price While Traditional Markets Sleep

An interesting observation: while traditional markets are taking a break, the onchain market for tokenized assets on blockchain is setting a new status quo for gold. Today, the price of tokenized gold moved above $5,000 and, for now, shows no intention of dropping back below that level.

Traditional exchange traders did have a chance to take part in the buying that pushed the price to this level. But to do so, they would have needed cryptocurrency. Only crypto offers this kind of trading freedom.

With cryptocurrency, you do not even need exchange accounts with complex verification procedures. Just go to rabbit.io and swap any asset for PAX Gold or XAUT - and back again. Best rates, no limits, no registration, and available 24/7, with no breaks or weekends.

Now we watch what happens on Monday: will the gold price on traditional markets follow the tokenized gold price on the crypto market, or will gold tokens on blockchain pull back instead?