PAX Gold (PAXG) price

PAX Gold is trading at $4,023, +0.65% in the last 24 hours. Market cap $1.79B (rank #54), 24h volume $65.18M.

About

PAX Gold (PAXG) is an asset-backed token where one token should represent 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. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold.