Tether Gold Price Analysis – Why XAUt Could Hit $10k Soon

Highlights:

• Tether Gold is making higher lows in a bullish channel
• Breach of the psychologically important $5000 mark could send Gold to $10k
• Geopolitical uncertainties likely to fuel Gold momentum

Tether Gold (XAUt) is one of the biggest gainers in the day, even as the broader cryptocurrency market is in a state of weakness and uncertainty. When writing, Tether Gold was trading at $4953.49, up by 2.37% in the day. Interestingly, Tether Gold trading volumes have dropped sharply during the day. 

When writing, Tether Gold trading volumes dropped by 37.7% to stand at $224.7 million. This is an indicator that the average Tether Gold holder is not keen on selling even as the price of Gold approaches record highs of $5000. Multiple factors support the rising price of Gold, factors that put it on course for a rally to $10,000 or higher. 

Fractured Post-1945 Order Pushing Capital Into XAUt

One of them is the growing uncertainty in the geopolitical space. Since 1945, the world has run on a rules-based order that has been centered on the United States. However, in recent years, particularly after the war in Ukraine started, this order has increasingly become broken. The seizure of Russian treasury reserves pointed to the possibility that U.S. Treasury bonds are not safe from geopolitics.

The entry of Donald Trump and his championing of US isolationism have added to the challenges the existing world has faced. Under Trump, and partly under his predecessor Joe Biden, supply chains have increasingly become weaponized to achieve political objectives. 

The result is that markets across the globe have entered a state of maximum uncertainty. Analysts expect this uncertainty to become the norm going into the foreseeable future. This is pushing capital into risk-off assets, and Gold is the undisputed king of risk-off assets. With the Greenland issue now threatening to split the West in an already fractured world, the world of finance could go into maximum risk-off mode. The result is that Gold, and its tokenized versions such as Tether Gold, could be on course for a rally to prices as high as $10k in the short term.

🚨 THE OLD FINANCIAL SYSTEM JUST BROKE!!

Gold has officially surpassed the U.S. dollar for the first time in over 30 years.

Central banks now hold more gold than U.S. government debt.

Confidence in the U.S. dollar is collapsing.

Banks are panicking.

Foreign nations aren’t… pic.twitter.com/i6CpGa1YYu

— 0xNobler (@CryptoNobler) January 19, 2026

Weakening US Dollar Adding to Tether Gold Momentum

Away from geopolitics, Tether Gold is being pushed higher by a drop in investor confidence in American assets. In recent months, the dollar index has been weakening, and this has made Gold cheaper to non-American buyers. Looking ahead, the US dollar is expected to weaken even further. That’s because yields are in decline. The US cut interest rates twice in 2025, and is with Trump expected to choose a dovish Federal Reserve Chairman to replace Jerome Powell.

🇺🇸 Trump is doing a great job for the financial-industrial complex again, weakening the dollar while wrapping it all in a MAGA cloak.

Gold surges to a record $4,600/oz. Silver breaks $84/oz as the Fed’s theatrical power struggle spills into the markets. pic.twitter.com/d9LhQ0vN1g

— Simon Dixon (@SimonDixonTwitt) January 12, 2026

The result is that yields could drop even further, making the dollar even more unattractive. An environment of geopolitical uncertainties means that capital may not flow much into stocks. Gold and other risk-off assets then become the only viable investment option in the foreseeable horizon. It is a scenario that puts Gold on course to make records of $10k or even higher. 

Central Banks Could Push XAUt to $10k

Tether Gold and other tokenized versions of Gold are also being pushed higher by surging demand from Central Banks. In a bid to diversify their reserve holdings, central banks across the world are allocating more capital to Gold. This trend is putting pressure on supply and is likely to push Gold even higher. With the rising weaponization of the financial system in geopolitical power plays, the Central Bank demand could see Gold continue to make records.

🇨🇳 China's US Treasury holdings just dropped to a 18-year low.

Meanwhile, China Gold reserves hit a new record high.

China is non-stop dumping T-bills and buying Gold. pic.twitter.com/wnZTWYuhbq

— Dr gold (@Dr_gold999) January 23, 2026

Technical Analysis – XAUt In A Solid Uptrend

Gold is currently making higher lows while in a clear uptrend. This is an indicator that every minor dip in the price is being bought up.

If the current trend continues, the key level to watch is the psychologically important $5000 mark. If Gold breaks the $5000 level, XAUt could hit $10k in the near future. With the ongoing uncertainties in the geopolitical space, such a rally for Gold is quite likely.