PAX Gold Price Today, Live Market & Historical Trend Chart

Q: What is PAX Gold (PAXG)?

PAX Gold (PAXG) is a tokenized gold product managed by Paxos. Each PAXG represents one troy ounce of London Good Delivery fine gold and is backed by gold held in segregation for holders' benefit.

Q: What asset does one PAXG represent?

PAXG's underlying asset is London Good Delivery gold. Paxos states that the relevant gold is stored in approved London vaults and held in segregation for the benefit of PAXG holders.

Q: What can PAXG be used for?

PAXG lets users hold fractional interests in gold as tokens and transfer or use them on supported public blockchains. Its design aims to combine exposure to physical gold with the transferability of on-chain assets.

Q: Is PAXG a stablecoin?

PAXG is not money, legal tender, or a traditional financial instrument. It is a digital token based on physical gold, and its market price is generally affected by gold prices, trading conditions, and other factors.

Q: Can I hold less than one PAXG?

PAXG can be held in fractional amounts, so holding a whole token is not required. Actual divisibility precision and minimum transaction amounts in each service depend on the rules of the wallet or platform used.

Q: How can I learn about PAXG gold reserves?

Paxos states that it publishes PAXG gold reserve composition reports and independent third-party attestation reports. Users may also use the official gold allocation lookup tool to view gold information associated with eligible wallet addresses.

Q: Can PAXG be redeemed for gold or cash?

Subject to Paxos platform account, eligibility, and terms requirements, PAXG can be redeemed through the platform process for U.S. dollars, unallocated gold, or allocated gold. Physical gold redemption may also be subject to minimum quantities, fees, and other restrictions.

Q: How does PAXG issuance relate to gold reserves?

PAXG supply maintains a one-to-one relationship with a corresponding amount of allocated gold. Paxos states that dollars used for customer purchases are converted into equivalent gold to support this relationship.

Q: How does the PAXG price relate to the gold price?

PAXG's economic value relates to the market value of the physical gold it represents, but its token trading price may also be affected by market liquidity, bid-ask spreads, and the specific trading channel. It does not promise a fixed fiat price.

Q: What does holding PAXG represent?

PAXG's core role is to represent an interest in allocated physical gold held in custody by Paxos, rather than a project governance voting credential. Holder rights and redemption arrangements are subject to applicable Paxos terms.

Rank 46

$4,134.97

-$12.44(-0.30%)

Market Cap

$1.83B

24h High

$4,157.34

24h Low

$4,114.80

24h Turnover

$204.58K

Total Supply

441.82K

Market Sentiment

Neutral

PAX Gold (PAXG) Price Performance

View PAX Gold (PAXG) Price Prediction

PAX Gold (PAXG) has a Last Price of $4,134.97, with a 24h change of -0.30%. The 24h low is $4,114.80, the 24h high is $4,157.34, and the 24h turnover is $204.58K. The current market cap is approximately $1.83B, ranking 46 by market cap and accounting for 0.034% of the total crypto market cap. The All-Time High is $5,637.82 (⁦2026-01-29⁩), with a change from the All-Time High of -26.66%.

7 Days
+0.44%
Low
$4,114.80
High
$4,195.77
30 Days
-5.12%
Low
$4,084.87
High
$4,369.57
90 Days
+2.36%
Low
$3,997.46
High
$4,689.00
1 Year
+1.02%
Low
$3,900.00
High
$5,637.82

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 55; Normal
Last Week: 62; Greed
Last Month: 70; Greed

The Fear & Greed Index is currently 63/100, in the Greed zone; change from yesterday: +8, from last week: +1, and from last month: -7. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did PAX Gold (PAXG) Fall in the Last 24 Hours?

PAXG is issued by Paxos and is anchored to one troy ounce of London Good Delivery gold, linking its price mechanism to spot gold. In the order-book snapshot from 2026-10-20, total sell-side depth across the top five levels was about twice the buy-side depth, but the quantities on both sides were small; in a shallow book, modest trades can move the price. Technical indicators from that period showed weak moving averages on the 1-hour and daily charts, while the 15-minute and 4-hour averages were neutral. RSI was neutral across timeframes, and MACD showed no crossover, leaving directional momentum without confirmation. These historical indicators and order-book conditions describe trading at that time and do not, by themselves, establish that a particular event caused the decline.

About PAX Gold (PAXG)

PAX Gold is a virtual asset backed by physical gold stored in the vaults of the London Bullion Market Association (LBMA). It provides investors with a cost-effective way to hold physical gold.

Use Cases and Features

PAX Gold (PAXG) is a tokenized physical gold product managed by Paxos Trust Company, NA. It represents London Good Delivery gold held in segregation in London vaults as on-chain tokens, supporting fractional ownership, transfer, and use in supported blockchain environments. Holders can use Paxos's lookup tool to view certain allocation information for the corresponding gold; when platform conditions are met, they may also redeem it for U.S. dollars, unallocated gold, or allocated gold under its rules. PAXG is not currency or legal tender, and its value may fluctuate with gold market prices.

Supply and Issuance Mechanism

The quantity of PAXG corresponds to London Good Delivery gold held in segregation for the benefit of holders: each token represents one troy ounce of fine gold. Paxos states that U.S. dollars used by customers to purchase PAXG are converted into the corresponding gold to maintain a one-to-one relationship between tokens and allocated gold; platform redemptions and related eligibility and fees are subject to applicable terms. Paxos publishes monthly reserve composition and independent attestation reports.

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How to Buy and Use PAX Gold (PAXG)

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Buy in just four steps (Log in -> Verify -> Purchase -> Receive crypto)

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Est.30-Day APR

4.38%

Fiat Exchange

PAXG to USD$4,146.26

PAXG to RUB₽320,638.57

PAXG to EUR€3,626.31

PAXG to BRLR$21,424.14

PAXG to INR₹395,784.97

PAXG to AEDد.إ15,227.13

More PAXG Converter

PAX Gold (PAXG) Basics & Market Insights

Fundamentals

What is PAX Gold (PAXG) Coin? Beginner

How Does PAXG Work? In-Depth Overview of the Physical Gold Tokenization MechanismBeginner

How is the price of PAXG determined? Pegging mechanism, trading depth, and influencing factorsBeginner

Market Analysis

Tether Mints $497 Million in XAUT: Is Gold Token Market Demand Exploding?Tether issues an additional 119,700 XAUT on Ethereum, worth about $497 million. Here’s what this means for gold token market demand, the competitive landscape between XAUT and PAXG, and the on-chain gold trend.2026-09-30

PAXG vs Bitcoin: Is Actual Gold Becoming Crypto’s New Safe-Haven Trade?An in-depth analysis of PAXG vs Bitcoin, exploring gold-backed tokens, crypto safe-haven demand, and future trade-offs.2026-06-25

PAXG and Redemption Rights: Why Ownership Claims Matter in Gold-Backed TokensAn in-depth analysis of PAXG redemption rights, exploring ownership claims, custody risk, and trust in gold-backed tokens.2026-06-25

Frequently Asked Questions About PAX Gold (PAXG)

What is PAX Gold (PAXG)?

What asset does one PAXG represent?

What can PAXG be used for?

Is PAXG a stablecoin?

Can I hold less than one PAXG?

How can I learn about PAXG gold reserves?

Can PAXG be redeemed for gold or cash?

How does PAXG issuance relate to gold reserves?

How does the PAXG price relate to the gold price?

What does holding PAXG represent?

Can PAXG be transferred on-chain?

Where can I find official PAXG information?

Risk Disclosure

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Disclaimer

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