Tether Gold Gets Clean KPMG Audit Confirming $2.2B in Physical Gold Backing — KPMG issued an unqualified audit opinion for Tether Gold (XAUT), confirming that the stablecoin is fully backed by physical gold reserves. The issuer, TG Commodities, held 520,089 troy ounces of allocated gold valued at… (Decrypt, 2026-11-12)
Gold falls to over one-week low on firm dollar, Fed rate hike bets — Gold prices fell to a more than one-week low, with spot gold dropping 0.2% to $3,981.49 per ounce and US gold futures declining 0.3% to $3,987.50. The decline was driven by stronger-than-expected US inflation data and… (Reuters, 2026-11-12)
Gold Dims Amid Rising Fed Rate-Hike Expectations — Gold prices declined in early Asian trading as expectations for aggressive Federal Reserve interest rate hikes reduced the metal's appeal. This shift was driven by hotter-than-expected U.S. Consumer Price Index data… (The Wall Street Journal, 2026-11-12)
Gold Holds Below $4,000 as Market Looks Ahead to Fed Rate Hike — Gold prices retreated below the $4,000 per ounce threshold, trading near $3,970 after a decline of more than 1% in the previous session. This downward pressure stems from persistent inflation data and hawkish commentary… (Bloomberg Business, 2026-11-12)