

Market Cap
$1.91B
24h Volume
$166.55M
Circulating
431.31K PAXG
All-Time High
$5,619.09
Market Cap
$1.91B
Volume (24h)
$166.55M
Circulating Supply
431.31K PAXG
Max Supply
N/A
1 PAXG = $4,434.29
| All-Time High | $5,619.09 (January 29, 2026) |
| All-Time Low | $1,399.64 (November 17, 2019) |
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.
PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem.
At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.
At the time of writing, PAX Gold (PAXG) trades at $4,434.29, with a 24-hour trading volume of $166.55M and a total market capitalization of $1.91B. The asset is currently ranked #45 among all tracked cryptocurrencies by market cap.
Over the last 24 hours, the PAXG price has dropped +0.81%. On the seven-day chart, PAX Gold has retraced +4.25%, under sustained selling pressure in both timeframes. Short-term price swings are often amplified by liquidity conditions, news flow, and derivatives positioning, so traders should confirm signals across multiple indicators before acting.
PAX Gold's all-time high of $5,619.09 was set on January 29, 2026. The current market price is +21.09% below that historical peak. Distance from the all-time high is a common reference point when evaluating long-term recoveries and identifying macro support or resistance levels.
Buying PAX Gold (PAXG) is straightforward once you know which exchange to use and which trading pair offers the best liquidity. The steps below describe the typical flow used by most investors today.
▼ +21.09% from ATH
| Trade → |
| Ourbit | PAXG/USDT | $4,368.56 | Trade → |
| BTCC | PAXG/USDT | $4,368.56 | Trade → |
You can also use the built-in PAX Gold converter above to estimate exactly how much PAXG you would receive for a given amount in USD before placing an order.
Whether PAX Gold is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, PAXG carries significant market risk — prices can rise or fall sharply in a single day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.