According to CoinMeta, as reported by an early issuer of in, Tether disclosed that its Tether Gold ( xau ₮) saw a 9.5% increase in investor holdings in the second quarter. The holding volume increased from 559,598.64 coins at the end of the first quarter to 612,823.66 coins, with a quarterly addition of 53,225.02 coins, corresponding to 1.66 tons of physical gold. During the same period, the international gold price fell by 14.1%, closing at $4,008.02 per ounce at the end of the quarter.