A digital token, backed by physical gold

Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full XAUt token represents one fine troy ounce of gold on a London Good Delivery bar.

The XAUt token can be transferred to any on-chain address from the purchasers’ Tether wallet where it is issued after purchase. Specific gold bar(s) will be associated with each on-chain address where Tether Gold is held.

Gold Allocation Lookup

Each Tether Gold token represents ownership of one fine troy ounce of physical gold. To identify the specific gold bar(s) and number of ounces of gold you hold on each bar, enter the address that holds your XAUt tokens below.

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Features

Easy Access

XAUt is available as an ERC-20 token on the Ethereum blockchain. The token can be traded or moved easily at any time, anywhere in the world.

Individual Allocation

XAUt is available as an ERC-20 token on the Ethereum blockchain. The token can be traded or moved easily Each XAUt represents ownership of one fine troy ounce of physical gold on a specific gold bar. Therefore, holders will obtain undivided ownership rights to gold on the specified gold bar(s). The allocated gold is identifiable with a unique serial number, purity and weight. At any time, XAUt holders can check the details of the gold bars associated with their address through the Look-up website.t any time, anywhere in the world.

Multiple Redemption Options

Holders of XAUt can make a redemption request in the form of physical gold so long as holders have completed TG Commodities Limited’s verification process and hold the required minimum number of XAUt. The holder’s physical gold can be delivered to a location of their choice in Switzerland or the holder can request that TG Commodities Limited attempt to sell the gold and receive the cash proceeds from that sale (less TG Commodities Limited’s fees).

24/7 Customer Support

We have a global customer support team ready at your service around the clock. No matter where you are and which time zone you are in, we will be available when you reach out to us.

Tether Gold (XAUt) is a digital asset offered by TG Commodities Limited. One XAUt token represents one fine troy ounce of gold on a London Good Delivery (LBMA) gold bar.The fractionalisation of XAUt tokens is possible up to six decimal places (i.e. in increments as small as 0.000001 fine troy ounce).

Owning physical assets on the blockchain provides you with the combined benefits of both physical and digital assets. As a XAUt token holder you will be able to enjoy ownership of gold while avoiding drawbacks associated with physical gold, such as high storage costs and limited accessibility.

In order to buy Tether Gold (XAUt), you will need to have a verified account with TG Commodities Limited that can be opened here.

The minimum purchasing amount is 50 XAUt or 50 fine troy ounces (50 XAUt would cost approximately $90,000 in January 2022). All purchases will be conducted in US Dollars.

Tether Gold tokens can be traded in fractions as small as the exchanges allow. You can see the list of exchanges supporting the Tether Gold token at the end of the page.

There are no custody fees, just a one-time 25 basis point fee at the time you purchase or redeem an XAUt from TG Commodities Limited and certain additional fees on redemption (described in the “How can I redeem my Tether Gold tokens?” section of this FAQ).

You can redeem your XAUt for actual gold or cash proceeds from the sale of your gold.

To do so;

  1. You need to have a verified account with TG Commodities Limited that can be opened here.
  2. To request redemption, you must own one full bar of gold worth of Tether Gold (XAUt).

    If your tokens are allocated to a whole bar of gold, you can redeem an amount of XAUt equal to the number of fine troy ounces of gold contained in your bar of gold.

    If your tokens are not allocated to a full bar of gold, we normally request that you deposit 430 XAUt tokens to ensure you have enough to redeem a full bar of gold. Our bars of gold (like all LBMA bars of gold) vary in size and can be as big as 430 fine troy ounces.

    Once you make your deposit, we will reallocate your tokens to one or more full bars of gold (as well as, potentially a portion of another bar of gold). Redemption will occur based on the actual number of fine troy ounces contained in your full bar(s) of gold.

    Note: Redemptions occur on a one XAUt token for each fine troy ounce of gold basis.

If you request physical gold delivery from TG Commodities Limited, the company will arrange for its secure transit to the delivery address in Switzerland specified by you.

TG Commodities Limited will charge 25 basis points on the gold price in the Swiss gold market at the time of redemption of the XAUt tokens, plus the cost of delivery.

If you request cash proceeds from your physical gold, TG Commodities Limited will attempt to sell your gold in the Swiss gold market and obtain the cash proceeds. If the gold is successfully sold, TG Commodities Limited will pay you the proceeds of the sale, less a 25 basis point fee.

Note: The proceeds of the sale will be wired to the redeemer in US Dollars.