Digital Gold (DGLD): What It Is, Uses and Risks

DGLD, short for Digital Gold, is a token that its issuer describes as proof of ownership of allocated gold held in a Swiss vault. Gold Token SA (GTSA), the tokenization arm of the precious metals group MKS PAMP, issues it. The project says the underlying gold sits in PAMP SA's vaulting facility in Castel San Pietro, Switzerland, and that each bar is allocated, insured and independently verifiable. Some public reporting describes each token as representing one fine troy ounce of allocated PAMP gold. That is the issuer's framing, so readers should confirm it against current issuer documents. DGLD belongs to the tokenized gold category, which is different from gold futures or other paper claims on metal. Tokenized gold products vary in their terms, so the details of any one token matter.

According to the project description, DGLD is meant to give holders the benefits of owning physical gold, such as exposure to gold's price, with the transfer and record-keeping convenience of a blockchain token. Public sources provided do not describe a governance role, staking, yield or any other use inside a dApp, so those should not be assumed. Holders can move the token between wallets, and the data notes that the Ethereum version follows the ERC-20 standard. Whether a holder can redeem tokens for physical gold, and under what minimums, fees and identity checks, is not covered publicly supplied. Anyone considering taking delivery of metal should read the issuer's own terms first.

The data set lists circulating and total supply both at about 2,411.955 tokens, with no maximum supply stated. As of 2026-11-05, the price was about $4,141.89, the market capitalization about $10.0 million and the 24-hour trading volume about $45,612. The 7-day price change was about 2.7%, and no one-year change was recorded. The listed market cap rank was 1252. The data also gives an all-time high of about $10,607.90 on 2026-02-24 and an all-time low of about $214.61 on 2026-02-23. These figures are hard to reconcile with the current price, and one search result shows a price of about $3,838.87 without a clear date. Readers should check a live source. These numbers change constantly and are not a basis for any buying or selling decision.

The data says DGLD is issued on Ethereum, Solana and Base. It is not described as the native token of any blockchain. The Ethereum version is described as an ERC-20 token. A search result dated December 2025 describes a debut on Base meant to bridge Swiss-vaulted gold to that network. Another result dated October 2026 describes a native launch on Solana. Having versions of one asset on several chains can make it unclear which token a wallet holds and whether moving it between networks is supported. Readers should confirm the contract address and network before sending funds, since sending tokens to the wrong network can lead to losses.

The main risk is reliance on the issuer and its vault partners. Holders depend on the claim that the gold exists, is insured and can be verified, and public sources supplied do not explain how that is audited or how often. Legal enforceability depends on the terms and jurisdiction, which the data does not spell out. Smart contract bugs, bridge failures and wallet mistakes are also possible. Trading volume looks small relative to market capitalization, so selling at a fair price may be hard. The reported all-time range also shows how sharply the token's price can move. For storage, a self-custody wallet that supports the relevant network can hold the token. Users should get the contract address from the issuer, keep seed phrases offline and never share them, because counterfeit copies of tokens are common.