XAUT is Tether Gold, a token that Tether says is backed by one troy ounce of physical gold per token, held in Switzerland. It follows the gold price closely but is not a bank or jeweller's gold quote. Below are its chart, data and how the backing works.
Last trade on Bybit XAUTUSDT spot
Price as of · streams live while this page is open
Latest price read: 16 Oct 2026, 16:55 ISTBybit XAUTUSDT spot closes, each converted at its day's Tether price and ECB USD/INR reference rate.
Market cap, supply and all-time high: CoinGecko, read 16 Oct 2026, 16:55 IST. Volume: Bybit XAUTUSDT spot. USDT converted to USD at Tether's price on CoinGecko (0.9992, 16 Oct 2026, 16:55 IST), then to INR at the European Central Bank's USD/INR reference rate (95.0600, for 15 Oct 2026; the ECB publishes on TARGET business days only).
| Period | Price then (INR) | Change to now |
|---|---|---|
| 24 hours ago | ₹394,544 | +0.58% |
| 7 days ago | ₹397,555 | -0.18% |
| 30 days ago | ₹406,170 | -2.29% |
| 1 year ago | ₹416,058 | -4.62% |
| Date (UTC close) | Close (INR) | Day change |
|---|---|---|
| 16 Oct 2026 | ₹396,849 | +0.59% |
| 15 Oct 2026 | ₹394,517 | +0.99% |
| 14 Oct 2026 | ₹390,667 | -1.03% |
| 13 Oct 2026 | ₹394,751 | -0.31% |
| 12 Oct 2026 | ₹395,988 | -0.43% |
| 11 Oct 2026 | ₹397,697 | +0.10% |
| 10 Oct 2026 | ₹397,317 | -0.06% |
Daily closes from Bybit XAUTUSDT spot (00:00 UTC, 05:30 IST). Past prices are shown at today's conversion rate in these two tables; the chart above converts each point at its own day's rate. Past performance does not indicate future results.
Tether Gold (XAUT) is a token on public blockchains that represents ownership of physical gold. According to its issuer, each token corresponds to one troy fine ounce of gold on a London Good Delivery bar. It lets gold be held, moved and traded like a crypto asset, at any hour, in fractions of an ounce.
XAUT was launched in January 2020 by TG Commodities, part of the Tether group that issues the USDT stablecoin. Tether publishes a lookup of the bars it says back the tokens, identified by serial number.
Tether states that the gold is held in a vault in Switzerland, allocated to the tokens in circulation. The token is only as good as that custody: holders rely on Tether's statements and attestations, not on gold in their own possession.
Tether's terms allow holders to redeem for physical gold delivered to an address in Switzerland, or to sell the tokens. Redemption involves verification and fees and is aimed at holders of whole bars, so most holders exit by selling on an exchange.
Because each token can in principle be redeemed for its ounce, traders keep XAUT's price close to the spot price of gold: when it drifts, buying or selling against redemption brings it back. On exchanges it can still trade at a small premium or discount, especially when gold markets are closed and XAUT is not.
A gold coin or bar in your hands needs no issuer to stay gold. XAUT does: it adds the risk that the issuer, the custodian or the token's smart contract fails, in exchange for instant transfer, small sizes and round-the-clock trading. In India, physical gold, gold ETFs and sovereign gold bonds are taxed and regulated differently from a crypto token.
The main risks are issuer and custody risk, redemption limits, and premiums or discounts to gold on thinner markets. The price is also exposed to the dollar: gold is priced in USD, so a rupee figure moves with USD/INR as well as with gold.
Gravitas does not sell gold or XAUT tokens. XAUT is the gold market on Gravitas: you can trade options on it from your own exchange account, sized to a view on gold, with the payoff and the most you can lose shown first.
Say which way XAUT goes and by when, and get a ready-made trade with the risk fixed.
How Easy Options worksPut a small stake on a big XAUT move today. The stake is the most you can lose.
How Hero Zero worksChoose your own XAUT strikes and legs, and see the payoff before you commit.
How Strategy Builder worksFollow a strategy and it places the trades on your account for you.
How Copy Trading worksGravitas connects to your exchange account through the exchange's own sign-in and never holds your funds. Trades settle in USDT on that account. Options can expire worthless; the most you can lose is shown before every trade.
Estimate what any amount of XAUT is worth in rupees, dollars or USDT, or the reverse. For tables and history, open the XAUT converter for each currency.
1 XAUT = ₹396,849.20 · ₹1 = 0.00 XAUT · reference estimate, excluding fees and spread
Price as of · Bybit XAUTUSDT spot
Headlines from Google News, linked to their publishers. Gravitas does not write or check them.
A token issued by the Tether group that, according to Tether, is backed by one troy fine ounce of physical gold per token, held in a Swiss vault. It trades on crypto exchanges around the clock and can be held in fractions.
No. Owning physical gold needs no third party; owning XAUT means relying on Tether and its custodian to hold the gold and honour redemptions. XAUT trades more easily, but it carries issuer and custody risk that bullion does not.
Each token is redeemable, under Tether's terms, for the gold it represents, so traders keep its price close to the gold spot price. It can drift from gold by a small premium or discount, especially when gold markets are closed.
The gold is held by a custodian chosen by Tether, so you depend on both being solvent and honest. Redemption has conditions and fees, and attestations about the reserves are produced for the issuer rather than by an independent regulator in India.
From Bybit's XAUT/USDT spot market, the last traded price, streamed live in your browser, with rupee and dollar figures converted at the rates named under the price. It is not an MCX, bank or jeweller's gold rate.
Gravitas does not sell XAUT or gold. It lets you trade options whose underlying is XAUT, from your own connected exchange account, with the most you can lose shown before you trade.
Trade Tether Gold options in 4 steps
Gravitas offers options on these markets, placed on your own exchange account; it does not sell the coin themselves. Options trading involves risk and may not be suitable for everyone. Nothing on this page is financial advice.
Disclaimer
Prices and conversions on this page are indicative reference values, not quotes or offers: they exclude fees, spreads and taxes, may be delayed, and a trade can fill at a different price. Stock and ETF prices are Bybit perpetual contracts that track the shares, not exchange share prices, and no product on Gravitas gives ownership of a share or a dividend. Crypto asset and tokenised stock prices are subject to high market risk and price volatility. You should only trade products you are familiar with and whose risks you understand. Nothing on this page is an endorsement by Gravitas of any asset, or of the reliability or accuracy of third-party content. Consider your experience, financial situation, objectives and risk tolerance, and consult an independent financial adviser before trading. This material is not financial advice. Past performance is not a reliable indicator of future performance; the value of a position can go down as well as up, and an option can expire worthless. You are solely responsible for your trading decisions and Gravitas is not responsible for any losses you may incur. See our Terms of Use. Prices and market data on this page come from third-party sources (Bybit, CoinGecko, the European Central Bank and Google News), are presented as is for information only, and may be delayed. Links to third-party sites are not under Gravitas's control. Terms of Use.
