Depeg event

Comtech Gold depeg below peg — February 2, 2026 at 06:04 UTC

Detected under v1.0

CGO moved below peg at 06:04 UTC on February 2, 2026, with a peak deviation of 6.63% at $143.73. The observation closed 3.0 hr later at 09:04 UTC with a recorded recovery price of $149.06.

The checked-in price path starts at $145.65 against a recorded peg reference of $4787.91. 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

Direction: below peg
Peak deviation: 6.63%
Started: February 2, 2026 at 06:04 UTC
Ended: February 2, 2026 at 09:04 UTC
Duration: 3.0 hr
Peg reference: $4787.91
Start price: $145.65
Peak price: $143.73
Recovery price: $149.06

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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.

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Methodology pin: v1.0 changelog