May 16, 2026

Tokenized gold prices surge to $5,494/oz as US, Israel strike Iran

Tokenized gold prices surge to $5,494/oz as US, Israel strike Iran

Tokenized gold prices have surged to a high of $5,494 per ounce in the wake of military strikes by the US and Israel on Iran, which has heightened geopolitical tensions in the region. As traditional gold markets remain closed for 34 more hours, investors are turning to tokenized gold, which facilitates continuous trading on blockchains, allowing them to seek stability amid this international crisis marked by escalating proxy warfare and nuclear concerns.

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