3/4
Our current stance leans towards bullish. However, we're maintaining our hedge with $PAXG for the time being, keeping a balanced perspective amidst the market volatility📈📉
See the live PAX Gold price in EUR. Buy PAX Gold or add it to your Crypto Strategy.
PAXG EUR price chart / performance
From
May 21, 2023
To
May 28, 2023
Returns
Return (24h)
-0.17%
Return (7D)
-0.77%
Return (1M)
+1.20%
Return (1y)
+5.65%
My Investment
Profit Taken
€0.00
0%
Profit/Loss
€0.00
0%
You Have:
€0.00
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.
Diversitas
17 May, 2023
1/4
Morning update:
Bitcoin continues to send us mixed signals, presently trading below $27k and closing the day beneath our trackline. This prompts us to maintain our hedged positions with $USDT and $PAXG. Our structure remains unaltered for now✅
16 people like this
Diversitas
12 May, 2023
1/5
Morning update:
Bitcoin ended the day below our trackline, which is not an encouraging sign. As a result, we are increasing our hedge. Our new allocation includes a 39% hedge, comprising of 24% $USDT and 15% $PAXG. Below are the changes that were made👇
13 people like this
Diversitas EW
2 May, 2023
Given the bearish signs from our proprietary algorithms and the pronounced fall in Coinbase Premium, we've opted to hedge a part of our strategy. We have entered a more conservative structure with a 60% hedge consisting of $USDT, $USDC, and $PAXG ✅
As always, we'll maintain a close watch on the markets and make strategy adjustments if needed.
10 people like this
Diversitas
2 May, 2023
5/5
In light of the bearish signals printed by our algorithms and the sharp decline in the Coinbase Premium, we've opted to hedge a part of our strategy. We've reduced our exposure to Bitcoin and altcoins and have incorporated 30% $USDT into our structure. Together with gold ( $PAXG ), our hedge now stands at 45%✅
As always, we'll maintain a close watch on the markets and make strategy adjustments if needed.
24 people like this
PAX Gold Price FAQ
What Is the Highest Price of PAX Gold (PAXG) in EUR?
What Is the Lowest Price of PAX Gold (PAXG) in EUR?
How can I buy PAX Gold (PAXG)?
What Is the Current Price of PAX Gold (PAXG) in EUR?
Is PAX Gold (PAXG) a good investment?
Get in touch
Trading office:
256-260 Old Street, London EC1V 9DD
Open: By appointment only
B2B sales and inquiries:
+44 (0) 20 3376 0820Contact SupportSuggest a feature
© 2023 ICONOMI Limited
©ICONOMI is the trading name of ICONOMI Limited, a company registered in England and Wales. Registered address 10 Orange Street London, WC2H 7DQ. Company Registration number: 11087795. ICONOMI Limited is registered with the Financial Conduct Authority (Firm Reference No. 927859).