For various annoying rules of my specific situation (PFIC) I'm unable to purchase ETCs in my location.
I'd like to get some exposure to Gold, after a quick search I read about Tether Gold (XAUt) and Pax Gold (PAXG), they seem legit from the volumes and claims at least but I don't have much experience or understand if they're trustworthy.
Also I don't understand how Tether Gold has a better performance than the other token and even better than iShares physical gold ETC.
Anyone has experience with these Gold backed tokens or recommendations to look into?
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