PAX Gold (PAXG): price, chart and where to buy
📋 Index
PAX Gold PAXG
Ranked 52 by market capKey figures
| Market cap Price multiplied by the number of units in circulation. | 1,568,648,147 € |
|---|---|
| 24h volume What changed hands in a day. Thin volume makes selling back hard. | 70,144,243 € |
| Fully diluted valuation What the project would be worth if every planned unit already existed. | 1,568,648,147 € |
| Circulating | 446,112 PAXG |
| Total supply | 446,112 PAXG |
| Maximum supply A hard cap is rare: most cryptocurrencies can issue indefinitely. | No cap |
| 24h range | 3,470.19 € – 3,522.93 € |
| All-time high The percentage shows how far today's price sits from that peak. | 4,688.32 € (-25.00 %) — 28/01/2026 |
| All-time low | 1,265.28 € — 17/11/2019 |
Where to buy PAX Gold: the real cost of 500 €
| Exchange | You receive | Gap to market | |
|---|---|---|---|
| BingX best price | 0,141663 PAXG | 0.15 % | See the offer |
| Toobit | 0,141563 PAXG | 0.22 % | See the offer |
| LBank | 0,141537 PAXG | 0.24 % | See the offer |
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The vision behind PAX Gold
Have you ever tried to send a sliver of a gold bar across the ocean in seconds? Physical gold remains a premier store of value, yet its lack of mobility creates significant friction in the digital age. PAX Gold addresses this by merging the ancient reliability of bullion with the efficiency of modern distributed ledgers. The creators behind the project sought to eliminate the barriers to entry for high-quality gold. Historically, owning physical gold required significant capital, secure storage, and complex logistics, often making it inaccessible to the average individual looking for a simple hedge. Gold is now portable. By issuing a digital token, the founders enabled anyone with an internet connection to own a fraction of a certified gold bar.
Why does this matter?
It brings liquidity to the most illiquid of metals. This democratization transforms a static asset into a fluid one. When users search for a PAX Gold review, they often discover a system designed to remove the headaches of physical custody. The project reveals a digital bridge between ancient wealth and modern code.
⚠️ Note: The absence of a maximum supply allows the token count to fluctuate based on actual gold reserves. This flexibility ensures the peg remains tight and reflects real-world holdings.
Technical architecture and gold backing
Technically, the asset operates as an ERC-20 token on the Ethereum network. This choice ensures wide compatibility with existing infrastructure, including wallets and decentralized exchanges. Each token is directly backed by one fine troy ounce of gold stored in professional vaults. When you hold the token, you hold a legal claim to the underlying metal. Trust is the foundation. How is transparency maintained? Regular audits verify that the gold reserves match the tokens in circulation. This creates a transparent link between the digital and physical worlds. The process is seamless. Security remains the priority.
| Mechanism | ERC-20 (Ethereum) |
| Max supply | No fixed limit |
| Underlying asset | Physical gold bars |
| Primary use | Hedging and fractional ownership |
💡 Tip: Distinguish the digital token from the physical storage by verifying the serial numbers of the bars associated with your holdings. This provides a level of transparency that traditional gold certificates often lack.
Current applications in the digital ecosystem
Today, the token serves as more than just a digital mirror for gold prices. It functions as a stable hedge during times of market volatility without the need for traditional banking hours. Users utilize it for cross-border transfers of value that maintain a steady purchasing power. It also allows for the integration of gold into decentralized finance protocols. Is it merely for speculation? No, it acts as a foundational tool for wealth preservation. The code secures the claim.
The historical high point for the asset was recorded on 2026-01-28. This milestone serves as a reference point for its price history within the digital asset market. For those asking “what is PAX Gold,” the answer lies in its ability to make a 5,000-year-old asset move at the speed of a tweet. It bridges two worlds.
🚫 Trap: Assuming that a gold-pegged token removes all counterparty risks. While the gold exists in vaults, you still rely on the issuing entity’s integrity and the security of the underlying blockchain.
What is the concrete purpose of PAX Gold?
The project aims to provide the benefits of physical gold ownership without the drawbacks of physical storage and transport. It allows users to own, trade, and move gold in fractional amounts using blockchain technology. This solves the problem of accessibility for small-scale holders who cannot afford full bars.
How is the supply of PAXG managed?
There is no fixed limit on the maximum supply of PAXG tokens. The circulating supply expands or contracts based on the amount of physical gold held in custody by the issuing entity. Each new token is minted only when an equivalent amount of gold is secured in a vault.
Is it possible to redeem the tokens for physical gold?
Yes, the system is designed to allow holders to redeem their PAXG for physical gold bars. However, this process typically requires holding a minimum amount equivalent to a full bar and may involve specific redemption fees. For smaller amounts, users generally trade the token for other assets on various platforms.
