
Tether Gold
XAUT#35XAUt is a token from the Tether group; each unit represents one troy ounce of physical gold in a Swiss vault.
- Market cap
- $2.94B
- Volume 24h
- $66.48M
- All-time high
- —
- Circulating supply
- 709.32K
Does not clear all 8 Shariah criteria. Needs caution: nature of the asset and excessive uncertainty (gharar).
- 6 pass
- 2 caution
- 0 fail
Verdict history
- DoubtfulCurrent
Verdict revised to DOUBTFUL: CryptoUmmah, the authoritative source that rates XAUt, classes it as doubtful, citing custody transparency, centralised control and limited redemption access.
- Halal
First publication
A verdict change is published immediately. Projects with the Liberandum badge see “Status changed” within an hour.
AI Insight : Price is pegged: attractiveness is not assessed
Analysis at $4,141 · Oct 4, 2026How the rating is built
Six criteria scored by code. The long term weighs 65%, the next weeks 35%. Missing data lowers confidence, not the rating.
Price and market criteria are recalculated daily- Price valuationweight 25%No dataNot assessed for this asset
- Fundamentalsweight 30%SupportsScore 69 of 100Team Moderate · Institutions Moderate · Tokenomics Strong · Network Moderate
- News backgroundweight 10%NeutralScore 55 of 100Quiet · 0 up, 0 down in 30 days
- Trendweight 15%No dataNot assessed for this asset
- Upside vs downsideweight 12%No dataNot assessed for this asset
- Scenariosweight 8%No dataNot assessed for this asset
Criterion status: 60–100 supports, 40–59 neutral, below 40 weighs against. “Very attractive” is only possible when no criterion weighs against. Analytical information, not investment advice.
Fundamentals: Moderate
Tether Gold is backed one to one by about 22 tonnes of vaulted Swiss gold with quarterly assurance reports, but one issuer controls minting, can freeze tokens and leaves the custodian unnamed.
Reviewed every 3 months and on major eventsNews: Quiet
No material news in the last six weeks. Earlier, in August 2026, Tether reported that customer holdings of XAUt rose 9.5% in the second quarter even as the gold price fell.
Reviewed monthly and when something material happens- PositiveTether Gold customer holdings rise 9.5% in Q2 2026 despite a sharp fall in the gold priceTether reported 707,747 fine troy ounces (about 22 tonnes) in reserve on 30 June 2026 and 612,824 XAUt held by customers, up from 559,599 a quarter earlier, while gold fell about 14%. Demand for the token held up through a weak market for the metal.
- PositiveTether and Fasset announce a Visa card that pays cashback in XAUtThe card lets users spend at Visa merchants, converts USDT to fiat for payments and returns rewards in tokenized gold. It links XAUt to everyday payments and widens its use beyond holding.
- PositiveTether Gold reserves grow 36% in Q1 2026 and pass $3.3 billionReserves reached 707,747 fine troy ounces on 31 March 2026, up from about 520,000 at the end of 2025, as record gold prices drew demand for tokenized metal. The quarter made XAUt one of the largest gold-backed tokens by reserves.
Price & market
Doubtful verdict: check the halal analysis before any decision.
Section in preparation
AI-assisted analysis. Not investment advice.
Technical analysis
4HSection in preparation
Where it trades
Section in preparation
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