Gold trading volumes surge on cryptocurrency markets

[Riya143]

The price of gold has broken a new high and trading volumes of gold-backed tokens are shooting up.
The price of gold has set a new all-time high of $1,954 a troy ounce today while volumes for gold-backed cryptocurrency tokens have risen.

In the past month, PMGT, a blockchain-based token issued by commodities digitization company, Infinigold, and backed by bullion held in the Perth Mint, has witnessed a near quadrupling in volume.
Read More: https://decrypt.co/36996/gold-trading-volumes-surge-on-cryptocurrency-markets