[Tether Gold (XAUT) Completes KPMG Audit, Receives Unqualified Opinion] According to Foresight News, citing the Tether blog, KPMG USA has completed its independent audit of the fiscal year 2025 financial statements of TG Commodities, the issuer of Tether Gold (XAUT), and issued an unqualified opinion. The audit shows that XAUT is fully backed by allocated physical gold. As of December 31, 2025, TG Commodities held 520,089.350 troy ounces of allocated gold, valued at $2.246 billion, corresponding to 520,089.300 XAUTs issued. During the audit, KPMG physically counted and inspected each gold bar backing XAUT, rather than relying solely on the custodian's confirmation. The gold is stored in Swiss vaults, meets London Clearing Standards, and belongs to the XAUT holders.