Tokenized Gold Jumps As Middle East Tensions Rattle BTC & ETH

Tokenized gold is moving again, and it isn’t subtle. Paxos Gold (PAXG) and Tether Gold (XAUT) climbed roughly 1% to 2% in the past day, trading around the $5,400 area as traders leaned into safety while broader crypto slipped. The shift came as fresh headlines out of the Middle East pushed markets into a classic risk-off posture. Bitcoin hovered near $66,100, while major alts including ether and Solana traded lower over the same 24-hour window, according to pricing cited in coverage of the move. Safe-Haven Trade Shows Up On-Chain PAXG and XAUT function as on-chain claims designed to track

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