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Pax Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company.

Find the live PAX Gold USD (PAXG-USD) price, history, news and other vital information to help with your cryptocurrency trading and investing.

The price of PAX Gold (PAXG) is $3,327.88 today as of May 10, 2025, 9:08 pm EDT, with a 24-hour trading volume of $24.73M.

PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company.

Digital Asset Backed by Physical Gold: Gold ownership, redefined In today’s rapidly evolving financial landscape, PAX Gold (PAXG) stands out as a compelling fusion of traditional asset security and blockchain-enabled efficiency.

Jul 7, 2022 · PAX Gold (PAXG) is an ERC-20 stablecoin backed by physical gold reserves in secured London vaults. PAXG lowers the entry barrier to gold investment by allowing users to own fractions of physical gold without the burden of storage and transportation fees.

Sep 11, 2022 · PAX Gold has discovered a method to combine cryptocurrency with physical gold assets, making it attractive to investors accustomed to conventional alternatives.

Pax Gold (PAXG) is a stablecoin on the Ethereum blockchain backed by physical gold. It was introduced in September 2019 by the Paxos Trust Company. Overview. Pax Gold was developed by Paxos Trust Company in 2018, driven by the vision of Co-founder and CEO Charles Cascarilla.

View PAX Gold (PAXG) price, chart, and use cases. Learn how this token brings gold to the blockchain and buy or store PAXG securely on Gemini.