PAX Gold Price

PAX Gold price today is $4,217.69 representing a price increase of over Infinity% during the last week. PAX Gold is a cryptocurrency traded using the symbol PAXG.

Price of PAX Gold (PAXG)?

$4,217.69

Buy Fractional Amounts: You don't have to buy the whole coin. Buy as little as a few dollars or as much as you want.

What is PAX Gold (PAXG)?

Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019. According to Paxos, each PAXG token is backed by one fine troy ounce (t oz) of a 400oz London Good Delivery gold bar, stored in Brink’s vaults. If you own PAXG, you own the underlying physical gold, held in custody by Paxos Trust Company. Pax Gold is trade-able on a large variety of exchanges and is becoming an accessible way for anyone in the world to participate in the ownership of gold. According to the official whitepaper, Pax Gold was created to allow investors to buy indefinitely small amounts of gold; through the use of blockchain technology and representing gold as a cryptocurrency, they have virtually eliminated minimum buy limits that could otherwise limit people from owning gold. The PAX Gold cryptocurrency is traded using the symbol PAXG.

PAX Gold Price Metrics?

• Crypto Rank: #36
• Market Cap: $2.5B
• 24hr Volume: $359.4M
• Circulating Supply: 501.2K
• Total PAXG Supply: 501.2K
• Last Month Volatility: ±2.22%
• Last Month: --
• Last 7 Days: 0.00%
• Last 24 Hrs: ▼-0.33%
• Last Hour: ▲0.02%