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See the live PAX Gold price in USD. Buy PAX Gold or add it to your Crypto Strategy.

PAX Gold

PAXG

PAXG to USD Price

$2,644.10

PAX Gold Market Cap

$523.45M

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PAXG USD price chart / performance

PAXG USD price chart / performance

Past performanceis not indicative of future results. USD ($) currency fluctuations can cause returns to go up or down. Returns shown are before fees.See feesandasset data disclosurefor more details.

Returns

Returns

Return (24h)
+0.33%
Return (7D)
+0.25%
Return (1M)
-3.75%
Return (1Y)
+28.39%

My Investment

My Investment

Profit Taken
$0.00
0.00%
You Have:
$0.00
Unrealised P/L
$0.00
0.00%

PAX Gold (PAXG) History and Overview

PAX Gold (PAXG) History and Overview

PAX Gold (PAXG) carves its niche in the cryptocurrency domain as a distinctive ERC-20 stablecoin, providing investors with fractional ownership of physical gold reserves securely stored in London vaults. Unlike conventional stablecoins, PAXG is not tethered to a fiat currency like the US dollar or euro but is directly linked to physical gold.

Intrinsic Value and Security

PAXG stands out for its intrinsic value and security, with each token equivalent to one troy ounce of a 400-ounce London Good Delivery gold bar, safeguarded in accredited gold vaults. Consequently, the value of PAXG is intrinsically tied to the real-time market value of that physical gold, ensuring that the token represents actual gold ownership and its price fluctuates with the market value of gold.

Potential Risks

When investing in PAX Gold (PAXG), it's important to be aware of the potential risks involved. The value of PAXG is subject to daily fluctuations in the gold market, which can be influenced by factors such as economic conditions and political events. Additionally, changes in government regulations can impact the use and value of PAXG tokens and introduce new compliance requirements. There is also a risk of redemption, where PAXG tokens may not be redeemable if the custodian fails to make the underlying assets available or if the issuer becomes insolvent. PAXG is also subject to depreciation risk, meaning its value can decrease if the value of the underlying gold drops or if the administrative organisation faces issues. Finally, operational risks related to the management and security of digital assets require secure storage and management of private keys associated with digital wallets to mitigate the risk of unauthorised access or loss.

There is also a possibility that PAXG could become de-pegged from its underlying asset, which could impact its value and stability.

How To Buy PAX Gold or Add it to your Strategy

The fastest, most convenient way to purchase PAX Gold is to purchase it on ICONOMI. We check PAX Gold live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy PAX Gold by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if PAX Gold is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy PAX Gold, we recommend you read the next section, as copying might be a better approach.

Add PAX Gold to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have PAX Gold in their structure.

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.

CARUS-AR
20h ago

Good morning, $BTC dominance has finally started to drop!

With #Bitcoin unable to break 100k so far, this is the perfect time for ALTS! And our performance is showing this clearly.

We are 4% away from our next 'profit take rebalance' where we will lower our ALT coins risk once again with 1.5% adding 0.5% to $BTC $USDC and $PAXG.

Currently we have in CARUS-AR:
- 22.5% Bitcoin
- 5.5% USD
- 5.5% Gold
We will slowly add to these for as long as crypto markets rise.

Read more details in our profit taking strategy blog post: https://carus-ar.com/blog/carus-ar-2025-strategy-in-case-of-crypto-bull-market.html

6 people like this
DutchEd
30 Nov, 2024

**DutchEd Update: Rebalancing to Maximize Potential 🚀**

We’ve just completed another rebalance! Recent strong performances from $DOT (Polkadot), $BONK, $ALGO (Algorand), and $SAND (The Sandbox) allowed us to take some profits. These gains have been reinvested into $INJ (Injective Protocol), $PAXG (PAX Gold), and $UMA, which recently dipped in value.

This rebalancing ensures the portfolio remains diversified and well-positioned to take advantage of future market opportunities.

DutchEd continues to ride the waves of the market with a balanced and active approach—stay tuned for more updates! 🌟

2 people like this
CARUS-AR
23 Nov, 2024

Up we go!
Price point for profit taking reached!
Added 0.5% to $USDC, $PAXG and $BTC.

10% out of Crypto markets now, according to plan.

11 people like this
NapFTon
22 Nov, 2024

Wow, crypto and $BTC particularly are super strong, still being very cautious and staying out of memes. Only added some $BTC and increased $PAXG as it did well last week.

2 people like this
CARUS-AR
16 Nov, 2024

Price point for profit taking reached!
Added 0.5% to $USDC, $PAXG and $BTC.

Slowly taking profits on the way up as shared in our blog post:
https://carus-ar.com/blog/carus-ar-2025-strategy-in-case-of-crypto-bull-market.html

8 people like this

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PAX Gold Price FAQ

What Is the Highest Price of PAX Gold (PAXG) in USD?

PAX Gold (PAXG) price history shows the highest value of 2,784.88 USD . We recorded this price on October 31, 2024, but we cannot exclude that a higher price was registered before February 24, 2021.

What Is the Lowest Price of PAX Gold (PAXG) in USD?
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What Is the Current Price of PAX Gold (PAXG) in USD?
Is PAX Gold (PAXG) a good investment?