Tether’s buying gold big time. Tether’s gold accumulation puts the firm in rare company – the kind usually reserved for sovereign nations and their central banks. Data from the World Gold Council shows Tether now ranks among the top non-sovereign gold holders globally, which is kind of insane when you think about it. Per a January 27 statement, the CFTC is checking whether Tether’s gold purchases follow existing financial rules. Central banks might react to private entities gaining influence in gold markets.