Gold prices have surged to a new high of $4,525 per ounce, surpassing the $4,500 mark for the first time. This increase comes amid heightened volatility in the fear and greed index, with gold prices rising over 70% year-to-date. Silver and platinum have also reached record highs. Analysts attribute these gains to geopolitical tensions and expectations of interest rate cuts. In the digital asset market, tokenized gold products like XAUm are gaining traction. XAUm, a gold-backed token from Matrixport’s Matrixdock, enables on-chain gold holding and DeFi applications. As physical gold prices climb, interest in digital gold assets is also on the rise.