CoinFound and ME News jointly present the RWA Gold Weekly Report, reviewing noteworthy information from the stablecoin sub-market over the past week:
Article author: CoinFound
Article source: ME News
Over the past week, gold and silver prices have hit new highs, sparking a market frenzy for precious metals. Among the entire gold concept sector, RWA Gold has stood out.
According to CoinFoundry data, precious metals performed strongly throughout the past quarter. Compared to Bitcoin's 22% drop, silver (+145%) and on-chain gold (PAXG +66%) led the gains, outperforming physical gold (+32%) and US stocks.
Furthermore, gold RWA saw significant net inflows in the past quarter (nearly $1 billion), and its market capitalization also increased by 10% in the past week, currently standing at $4.5 billion. Correspondingly, the total market capitalization of gold reached $36 trillion this week. If only 0.1% of the total gold market capitalization (approximately $36.4 billion) were converted into gold RWA, the gold RWA sector still has approximately 8 times the growth potential.
Within the broader gold RWA (Recovery and Wafer) market, gold RWA products such as PAXG, XAUT, and XAUM have all seen considerable increases in both price and market capitalization.
