Tokenized Gold in Crypto Markets: Tracking Accuracy and Portfolio Performance

A peer-reviewed empirical study evaluating how tokenized gold tracks the underlying physical asset. The study evaluates price deviations, tracking accuracy, correlations, and volatility across both weekday-only and 24/7 trading datasets, with results showing both tokenized assets exhibit strong long-term alignment with XAU, while XAUT consistently tracks spot gold more closely than PAXG. A useful reference for institutional investors performing diligence on the structural integrity of tokenized gold products.