Weekly report
XAUT and PAXG premium to gold, week by week
How far Tether Gold (XAUT) and Pax Gold (PAXG) traded from spot gold each week. Latest full week, Oct 19 – Oct 25, 2026: XAUT -0.09%, PAXG +0.05% on weekdays. Weekends reported apart.
Every week, how far XAUT and PAXG traded from the price of the gold behind them. Built from StackFi's own readings, taken several times a day, and updated with every new day of data.
Comparing a quote before buying? The historical gap is not an executable price. Use the XAUT buying walkthrough to check the network, contract, spread and gas before confirming a trade. If holding rewards affect your decision, compare your costs with the remaining-period reward estimate and eligibility rules. A reward's annualized ceiling is separate from the token's price premium and from changes in gold's value.
Latest full week · 2026-W43
Oct 19 – Oct 25, 2026
XAUT
-0.09%
typical weekday premium to spot
Weekday range -0.27% to +0.03%. Weekend -0.13% vs Friday's close.
PAXG
+0.05%
typical weekday premium to spot
Weekday range -0.21% to +0.22%. Weekend +0.13% vs Friday's close.
On weekdays from Oct 19 – Oct 25, 2026, XAUT's typical premium to spot gold was -0.09% and PAXG's +0.05%. XAUT's daily median was below spot on 4 of 5 weekdays, PAXG's on 2 of 5.
PAXG cost about 0.13 percentage points more than XAUT relative to the gold behind it.
XAUT moved from -0.16% the week before to -0.09%, and PAXG moved from -0.07% the week before to +0.05%.
The widest single weekday reading was XAUT at -0.27% on Oct 19.
Over the weekend, with the spot market closed, XAUT traded -0.13% and PAXG +0.13% against Friday's closing gold price.
For a buyer, a gap this small is less than a typical exchange spread; it should not decide which token to buy or when.
Week to date · 2026-W44
Oct 26 – Oct 29, 2026
XAUT: -0.18% on 4 weekdays. PAXG: +0.02% on 4 weekdays. The full read is published once the week ends on Sunday (UTC).
Every week
| Week | XAUT weekdays | PAXG weekdays | XAUT weekend | PAXG weekend |
|---|---|---|---|---|
| Oct 26 – Nov 1, 2026 (to date) | -0.18% | +0.02% | — | — |
| Oct 19 – Oct 25, 2026 | -0.09% | +0.05% | -0.13% | +0.13% |
| Oct 12 – Oct 18, 2026 | -0.16% | -0.07% | -0.28% | -0.25% |
| Oct 5 – Oct 11, 2026 | -0.03% | +0.09% | -0.30% | -0.24% |
| Sep 28 – Oct 4, 2026 | +0.06% | +0.16% | -0.02% | +0.12% |
| Sep 21 – Sep 27, 2026 | -0.17% | -0.26% | -0.15% | -0.19% |
Weekdays: median of the daily median premiums, Monday to Friday. Weekend: Saturday and Sunday against Friday's closing gold price, while the spot market is shut. Positive means the token cost more than its gold; negative, less. Weeks run Monday to Sunday, UTC. The first week started on Thursday 24 September 2026. Daily figures and the CSV are on the premium history page.
FAQ
Frequently asked questions
Is XAUT trading at a premium or a discount to gold this week?
In the week of Oct 26 – Nov 1, 2026 so far, XAUT's typical weekday premium is -0.18%, below spot gold, and PAXG's +0.02%. The figure updates daily.
Why are weekend numbers reported separately?
Spot gold stops trading from Friday evening to Sunday evening (US time), but XAUT and PAXG trade around the clock. A weekend reading compares the token with Friday's closing gold price, so it shows where token holders think gold will open, not a premium. Mixing those days in would make most weeks look like a discount.
How is the premium measured?
Token price from CoinGecko divided by spot gold per troy ounce from gold-api.com, minus one, read in the same run several times a day. Each day keeps its median, lowest and highest reading in UTC; each week takes the median of its weekday medians. Weeks run Monday to Sunday, UTC.
Does a discount mean XAUT or PAXG is cheap?
Only in the sense that you pay slightly less than the gold is worth at that moment. Most weeks the typical gap is within a few tenths of a percent, about the size of an exchange spread. A wider discount, like the roughly 1% on 25 September 2026, usually comes with stressed markets and tends to close within days.
Can I use this data?
Yes, with attribution to StackFi (CC BY 4.0). The daily series behind this report is on the XAUT and PAXG premium history page, with a free CSV.
XAUT Hold-to-Earn · until Nov 19
Buying gold? Hold it as XAUT in TopNod and earn up to 20% APY
Bars and ETFs pay nothing while you hold them. XAUT kept in your TopNod wallet earns a daily reward on its lowest balance that day — up to 20% APY on up to $10,000 per address, paid in USDT after Nov 19. No lockup and nothing to stake: buy, hold, and it accrues. The 50,000 USDT pool is first come, first served.
- ✓Best case: about $112 on $10,000 this round
- ✓No lockup — sell any time
- ✓XAUT on Ethereum, $20 minimum
Up to 11.18 USDT by Nov 19
Hold gold on-chain
Buy XAUT in TopNod
TopNod is a self-custodial wallet for tokenized gold — no seed phrase to write down. Your password is what restores access if you lose the device, so it is the one thing you cannot afford to forget: lose both and no one can recover the wallet for you.
- ✓Self-custodial — you hold the keys
- ✓No seed phrase; your password is the recovery factor
- ✓Check terms and costs in-app before buying
Disclosure: StackFi's chief editor, Woody, works in the Web3 wallet space and is affiliated with TopNod. We earn no referral fees. Details
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Related
XAUT & PAXG Premium History
Every day since 24 September 2026: median, low and high, with a CSV.
XAUT Price Today
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How to Buy XAUT With USDT
Routes, the official contract and what each route costs.
PAXG vs XAUT
Issuer, regulation, custody and redemption compared.