/
Depeg event
Detected under v1.0
CGO moved below peg at 12:03 UTC on January 27, 2026, with a peak deviation of 5.13% at $162.31. The observation closed 14.0 hr later at 02:03 UTC with a recorded recovery price of $167.31.
The checked-in price path starts at $162.64 against a recorded peg reference of $5321.56. Pharos captured the incident through a historical backfill and evaluates it under v1.0. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
Related incidents
Other recent peggedGOLD depegs
Other commodity-claim incidents
Stablecoin
Comtech Gold (CGO) →CGO is ComTech's tokenized gold from the UAE, each token redeemable for 1 gram of 24K physical gold stored in DMCC-endorsed Transguard vaults.
Preferred source
Reading Pharos regularly? Mark it as a preferred source and Google will surface Pharos Watch more often in Top Stories, AI Overviews, and AI Mode.
Add Pharos Watch in Google ↗Methodology pin: v1.0 changelog