Spot Gold Breaks $3500/oz, Hits New All-Time High
BlockBeats News, September 2nd, the price of gold broke through $3500 per ounce, hitting a new all-time high. Since 2025, the spot gold price has cumulatively risen by 33%, highlighting the continuous increase in the safe-haven value of gold against the backdrop of global macroeconomic uncertainty and intensified market volatility. Data shows that in 2025, the proportion of gold held by global central banks as part of their foreign exchange reserves surpassed that of U.S. Treasury bonds for the first time. Central bank gold purchases and Fed rate cuts will continue to support the gold price, with Bank of America and Goldman Sachs bullish on gold to $4000.
Introduced by Matrixdock, XAUm, as one of the top 3 on-chain adoption rates of gold tokens, effectively combines the traditional value of gold with digital accessibility, providing the market with a convenient way to efficiently allocate gold assets. XAUm is pegged 1:1 to physical gold, backed by 100% LBMA-certified physical gold stored in top global vaults such as Brink’s and Malca Amit, supporting offline physical gold redemption. As a leading Asian RWA tokenization platform, Matrixdock currently manages a gold scale exceeding 14,755 troy ounces.
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