Meld Gold price

Meld Gold (MCAU) is a digital token that is fully backed by physical gold bullion held in secure vaults. It is designed to provide investors with a simple and convenient way to access the benefits of gold ownership without the need to physically store or manage gold bars.

Meld Gold allows the transaction of gold in real-time and can also eliminate some of the volatility that comes with the procurement of physical gold. MCAU tokens are minted and issued by Meld Gold, a regulated and licensed company that follows strict security and safety standards.

Meld Gold’s price is determined by the spot price of gold, which is the current market price for an ounce of gold. The price of MCAU is regularly updated to reflect changes in the spot price of gold.

Meld Gold (MCAU) is backed by physical gold that is stored in vaults. Each MCAU token is directly linked to a specific quantity of physical gold, and the token's value is guaranteed by this underlying gold reserve.

The company maintains a 1:1 reserve ratio, meaning that for every MCAU token in circulation, there is an equivalent amount of gold held in reserve.

MCAU tokens can be traded on centralised crypto exchanges. If you're looking to purchase Meld Gold (MCAU) in Australia, BTC Markets is the most popular exchange to do so.

Meld Gold is a blockchain-based token representing ownership of physical gold. This digitisation allows for easy transfer and ownership, making it more accessible than traditional gold investments, which often involve physical storage and logistics.