What is PAX Gold ($PAXG) Coin: Something You Need To Know About It

Last updated:04/24/2025
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Due to the unforeseeable strong performance of the gold price in 2024 and 2025 so far, gold prices surged to new all-time highs. Looking to invest in gold without the hassle of physical storage? PAX Gold (PAXG) is disrupting this age-old market by providing a crypto token backed by real gold, drawing great attention of large number of crypto and gold enthusiasts.

So, what exactly is PAX Gold ($PAXG) ? Is this gold stablecoin worth investing in? What about its future? In this article, we will introduce everything about PAX Gold ($PAXG) in detail.


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Table of Contents

What is PAX Gold ($PAXG)?

How does PAX Gold Work?

What is the Difference between Pax Gold and Gold ETFs?

PAX Gold (PAXG) Price Analysis

PAX Gold (PAXG) Price Prediction

PAX Gold (PAXG) Future Outlook

How to Buy the PAXG Token?

Conclusion

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What is PAX Gold ($PAXG)?

PAXG

PAXG
Cryptocurrency PAX Gold
Token PAXG
Price $ 3313.6185 -1.55%
Rank 83
Market Cap $ 786.5M
24H Trading Volume $ 173.1M
All-time High $ 12130.3000
All-time Low $ 1158.9100
24 High $ 3322.1082
24 Low $ 3303.5873
Cycle High $ 7700.3000 / 2019-10-07 08:40:00
Cycle Low $ 1158.9100 / 2019-10-05 11:15:00
Update Time 2025-04-26 21:27:02

Gold is a commodity whose history dates back thousands of years. So far, physical commodities such as gold are still in high demand, and it is one of the most popular investments right now. While other modern investment options such as stocks and cryptocurrencies have become popular in recent years, gold investment still occupies an important place.

Still, owning gold can be difficult and out of reach for most individual investors. To address this situation, Paxos has launched a product that combines cryptocurrencies with physical gold assets – Pax Gold. PAXG represents one ounce of physical gold stored in secure vaults, blending the stability of gold with the flexibility of cryptocurrencies. As a gold stablecoin, PAX Gold (PAXG) is designed to make gold ownership more democratic and allow daily investors to trade gold just like any other cryptocurrency.

PAXG coins are backed by real gold reserves held by Paxos, a profit-making company based in New York. Each PAXG token is backed at a 1:1 ratio to one troy ounce (t oz) of a 400-ounce London Good Delivery gold bar that is stored in Brinks Security vaults in London. It market value designed to reflect the physical gold they represent. This is similar to how stablecoins hold fiat currency reserves linked to them.

Paxos developed PAXG as a token on the Ethereum blockchain, meaning it can be exchanged for other crypto assets and secured by the owner using a cryptographic key. To ensure the ongoing maintenance of its reserves, Paxos conducts monthly audits to prove that the supply of its PAXG tokens matches the amount of gold it holds. This process is overseen by the New York State Department of Financial Services.

In addition, users can choose to exchange their PAXG tokens for allocated gold bars at any time, or for a small amount of unallocated gold bars through a network of physical gold retailers around the world.

PAXG coins combine the qualities of physical gold ownership and cryptocurrencies to provide a solution to many of the modern challenges faced in the gold market, such as high costs, storage issues, and lack of liquidity. Simply put, with PAX Gold tokens, investors are spared the hassle of storing and protecting physical gold as well as transporting it.


BTCC does not currently support PAXG token trading pairs. However, BTCC supports Tokenized Gold Futures trading with a leverage up to 150Χ, users who are interested in gold trading currently can use USDT to trade gold commodity on BTCC without opening an account with other traditional exchanges. If you are interested in this, you can sign up for BTCC to make a purchase or click the following button to directly buy⇓.


How does PAX Gold Work?

PAX Gold (PAXG) operates on a simple yet powerful principle: bridging the gap between physical gold and blockchain technology. Paxos, the company behind PAXG, purchases physical gold that meets the London Good Delivery standard and stores it in fully insured, high-security vaults. For every ounce of gold acquired, Paxos issues one PAXG token on the Ethereum blockchain as an ERC-20 asset.

When you buy PAXG, you’re not just gaining exposure to gold—you’re becoming the legal owner of actual, physical gold. This ownership is not symbolic or derivative-based; it is legally binding and backed by the regulatory framework under which Paxos operates.

A core feature of PAXG is traceability. Each token is uniquely linked to a specific gold bar through a serial number. By entering your Ethereum wallet address on the Paxos website, you can view detailed information about the gold you own—including its weight, purity, refiner, serial number, and the vault location where it’s stored.

To ensure the highest level of trust, Paxos engages independent third-party auditors to perform monthly attestations. These audit reports confirm that the total amount of gold held in reserve matches the total number of PAXG tokens in circulation—ensuring a 1:1 ratio at all times. All audit results are published and accessible to the public.

While PAXG can be redeemed for physical gold under certain conditions (typically requiring a minimum of 430 tokens to match a standard gold bar), the true value of the token lies in its convenience. Investors can gain exposure to gold’s price performance without dealing with the complexities of transporting, storing, or insuring the physical asset.

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What is the Difference between Pax Gold and Gold ETFs?

As mentioned earlier, Pax gold is tokenized gold that operates on a blockchain network. Tokenization is the digital transformation of both physical and intangible assets into cryptocurrency. PAXG tokens specifically represent the physical gold from Paxos Trust Company. Gold is a good store of value because it can hold its value over time. Gold is often used as a hedge against inflation. When USD depreciates, gold in USD becomes more expensive, and vice versa. This makes gold a popular choice for investors seeking to protect their wealth from inflation.

The PAXG tokens have serial numbers that match those of individual gold bars. By putting an individual’s Ethereum wallet address on the PAXG lookup tool, the serial number, value, and other characteristics of the holder’s physical gold can be discovered. They also have the option to convert their PAXG into fiat money, another cryptocurrency or allocated and unallocated gold bullion bars at the current market price of gold.

The main difference between gold ETFs and Pax Gold is that gold ETFs buy contracts that mimic the price of gold, but the user does not own the underlying asset. Each PAXG token is directly linked to a real gold bar kept in a London vault, and each PAXG token is equivalent to one gold bar of the same value.

Gold exchange-traded funds (ETFs) track the value of the underlying commodity. They just give investors access to the price of gold, but not ownership. An investor who owns a gold ETF is a party in an agreement that gives him or her a specific fraction of the pooled gold. Gold ETFs can’t compare to full ownership of the metal. For example, by the time settlement occurs, the contract value may be lower than what you would get if you simply owned the gold outright.

In contrast, a PAXG is a digital representation of physical gold. Each PAXG token represents one troy ounce of gold in London vaults that can be identified by sequential numbers. Trading PAXG does not take days to settle as physical gold bar trading might do because it is handled on Ethereum as an ERC-20 token.

PAX Gold is the perfect investment for both traditional and modern investors who want to stay on trend without compromising their personal goals. With actual gold assets reflected in crypto tokens, you can invest in both physical and digital resources with a single investment, taking advantage of the best aspects of each.

Here’s a comprehensive comparison with physical gold and gold ETFs:

Criteria PAX Gold (PAXG) Gold ETF Physical gold
Real ownership Yes, direct ownership of physical gold No, shares of a fund holding gold Yes, direct possession
Divisibility Divisible up to 18 decimals Limited by the price of a share Limited by the size of the smallest coins
Storage Managed by Paxos, no fees for the user Managed by the ETF issuer, included in fees Investor’s responsibility
Fees 0.02% per transaction + Ethereum gas Annual management fees (0.25% to 0.40%) Storage, insurance, custody fees
Liquidity 24/7 on crypto platforms Limited to market hours (5 days/week) Requires a physical buyer
Accessibility Global with internet connection Requires a brokerage account Requires physical access
Counterparty risk Dependence on Paxos Dependence on the ETF issuer None (direct possession)
DeFi usage Can be integrated in DeFi protocols Not usable in DeFi Not usable in DeFi

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PAX Gold (PAXG) Price Analysis

The price of PAX Gold is directly linked to the price of physical gold on international markets, with an almost perfect correlation. This fundamental characteristic distinguishes PAXG from most cryptocurrencies, whose prices are primarily determined by speculative supply and demand. Over the past year, the token has seen an increase of approximately 16%, fueled by several factors: geopolitical tensions, persistent inflationary fears, and diversification of reserves by certain central banks.

As of the press time, PAXG is traded at $ 3313.6185, boasting a market cap of $ 786.5M, and witnessing a hefty 24-hour trading volume of $ 173.1M. PAXG Token saw a 24-hour change of -1.55%, with minor fluctuations of -0.07% in the past hour.

Below is PAXG to USD Chart:

PAX Gold Chart

Price Change 1H Percent -0.07%
Price Change 1D Percent -1.55%
Price Change 7D Percent -1.23%
Price Change 30D Percent 9.52%
Price Change 90D Percent 19.77%
Price Change 365D Percent 42.24%

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PAX Gold (PAXG) Price Prediction

Based on our technical analysis, the following sets the PAXG price prediction for next half month:

price prediction days

Date Price Prediction Change
04-26 $ 3313.6185 0.00%
04-29 $ 3327.2030 0.41%
05-02 $ 3328.8596 0.46%
05-05 $ 3327.2030 0.41%
05-08 $ 3321.2391 0.23%
05-11 $ 3328.8596 0.46%

Based on our technical analysis, here’s a quick look at the potential highs & lows of $PAXG’s price between 2026 and 2050.

price prediction years

Year Yearly Low Yearly Average Yearly High
2026 $ 11164.5214 $ 11551.1967 $ 11937.8720
2027 $ 11160.5188 $ 11551.9548 $ 11943.3908
2028 $ 11146.3278 $ 11466.4447 $ 11786.5617
2029 $ 11013.3930 $ 11412.4400 $ 11811.4869
2030 $ 11142.3252 $ 11561.2942 $ 11980.2632
2031 $ 10997.3220 $ 11435.6672 $ 11874.0124
2035 $ 11171.4350 $ 11504.9546 $ 11838.4742
2040 $ 11141.1729 $ 11456.0744 $ 11770.9758
2045 $ 11162.7021 $ 11537.0967 $ 11911.4913
2050 $ 10946.8650 $ 11446.8866 $ 11946.9082

PAX Gold (PAXG) Future Outlook

PAX Gold (PAXG) is attracting more and more investors looking for a digital asset backed by tangible value. PAXG stands at the forefront of emerging areas in the cryptocurrency space, combining the timeless value of gold with the unique capabilities of digital assets. As the world becomes more aware of the benefits of cryptocurrencies, PAXG is poised to gain wider acceptance. Its unique combination of physical support and digital flexibility makes it an attractive asset for both traditional investors and the tech-savvy generation.

In addition, PAXG’s potential integration with DeFi platforms and traditional financial systems could redefine its role in the global market. Partnerships with major financial players, technological advances in blockchain, and awareness-raising educational initiatives can further strengthen its prominence.

How to Buy the PAXG Token?

PAXG tokens are currently listed on leading centralized exchanges such as Binance, Kraken, Kucoin, where users can purchase PAXG tokens.

Unfortunately, $PAXG token is not available on BTCC platform at presentHowever, it is worth mentioning that BTCC, one of the longest-running crypto exchanges in the world, supports trading for 360+ cryptocurrencies with a leverage of up to 500Χ. If you want to start trading cryptocurrencies, you can start by signing up for BTCC.

In addition, BTCC supports Tokenized Gold Futures trading with a leverage up to 150Χ, users who are interested in gold trading currently can use USDT to trade gold commodity on BTCC without opening an account with other traditional exchanges.

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Conclusion

Overall, PAX Gold (PAXG) is a hybrid investment option that bridges the gap between the digital currency and gold markets. The price of PAX Gold mimics the price of gold in the current gold market, making it a more stable and volatile cryptocurrency investment.

The cryptocurrency offers investors access to gold prices and investment opportunities that would otherwise be difficult to obtain. The advantage of investing in cryptocurrencies like Pax Gold’s PAXG is that you can bypass the physical challenges of investing in real gold reserves. Instead, people can manage their investments from the convenience of their own homes.

If you’re looking to invest in high-quality gold with long-term value and don’t want to hold physical gold bars, then with the added benefit of blockchain technology, Gold PAXG tokens could be the answer you’re looking for.

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In addition, BTCC supports Tokenized Gold Futures trading with a leverage up to 150Χ, users who are interested in gold trading currently can use USDT to trade gold commodity on BTCC. If you want to start trading, you can click the button below to go to the trading page⇓.

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Why Choose BTCC?

Fully licensed and regulated in the U.S., Canada, and Europe, BTCC is a well-known cryptocurrency exchange, boasting an impeccable security track record since its establishment in 2011, with zero reported hacks or breaches. BTCC platform provides a diverse range of trading features, including demo trading, crypto copy tradingspot tradingas well as crypto futures trading with a leverage of up to 500x. If you want to engage in cryptocurrency trading, you can start by signing up for BTCC.

BTCC is among the best and safest platforms to trade cryptos in the world. The reasons why we introduce BTCC for you summarize as below:

  • Industry-leading security
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