We readded $PAXG to our portfolio as gold seems clearly on his way to break out above 2000usd.
See the live PAX Gold price UK. Buy PAX Gold in the UK or add it to your Crypto Strategy.
PAXG GBP price chart / performance
From
Sep 24, 2023
To
Oct 1, 2023
Returns
Return (24h)
+0.14%
Return (7D)
-2.16%
Return (1M)
+0.70%
Return (1Y)
+3.62%
My Investment
Profit Taken
£0.00
0%
Profit/Loss
£0.00
0%
You Have:
PAX Gold (PAXG) Overview
PAX Gold is an ERC-20 stablecoin. Unlike many other stablecoins, it is not pegged to a fiat currency such as the euro or the United States dollar but to physical gold reserves in secured London vaults. Existing on the blockchain, the PAX Gold coin allows for a lower entry barrier to investing in gold, as investors can buy much smaller fractions compared to traditional investing while also escaping from the usual fees.
Each PAXG token equals exactly one tray ounce of a 400-ounce London Good Delivery gold bar which is housed in secured gold vaults. As such, the price of PAXG is directly tied to the actual, real-time value of that physical gold on the market.
Posts
Here you can read and comment on all posts made by Strategists about PAX Gold PAXG. See all PAX Gold price predictions in real time and make the best use of their crypto knowledge.
Schillebeeckx Strategy
27 Jun, 2023
Our LOW COST Schillebeeckx Strategy considers $BTC holding the 30k mark for a couple of days as a very bullish sign. The macro-picture of the overall economy still looks very weak, but the renewed believe in the approval of $BTC -ETF's by big players like Blackrock can defenitely spark an epic bullrun in the king of crypto. It remains to be seen if alts will follow, but if they do, they will -once more- surprise and amaze the bears and nay-sayers with violent moves up and massive gains in short timespans.
We choose to be 90% invested at this moment, while many alts are still cheap in usd or Euro value and in $BTC value as well.
If a big macro-event breaks the economy and the risk-on mode, we still have a decent gold-allocation through $PAXG as a hedge.
4 people like this
Diversitas EW
15 Jun, 2023
4 people like this
Schillebeeckx Strategy
14 Jun, 2023
We bought the $XRP selloff today.
$XRP is breaking out of bearish long term trend channels. It seems to find support above 0.5usd and it is showing relative strength in $BTC value and $ETH value. We keep our position at 5% and stay mainly in $USDT and $PAXG .
2 people like this
Schillebeeckx Strategy
14 Jun, 2023
We bought the $XRP selloff today.
$XRP is breaking out of bearish long term trend channels. It seems to find support above 0.5usd and it is showing relative strength in $BTC value and $ETH value. We keep our position at 5% and stay mainly in $USDT and $PAXG .
2 people like this
PAX Gold Price FAQ
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