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See the live PAX Gold price UK. Buy PAX Gold in the UK or add it to your Crypto Strategy.

PAX Gold

PAXG

PAXG to GBP Price

£2,161.46

PAX Gold Market Cap

£427.03M

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PAXG GBP price chart / performance

Past performanceis not indicative of future results. GBP (£) currency fluctuations can cause returns to go up or down. Returns shown are before fees.See feesandasset data disclosurefor more details.

Strategies with PAXG

Pecun.io Cryptocurrency

Returns

Return (24h)

+1.02%

Return (7D)

+6.35%

Return (1M)

+1.22%

Return (1Y)

+36.51%

My Investment

Profit Taken

£0.00

0.00%

You Have:

Unrealised P/L

£0.00

0.00%

PAX Gold (PAXG) History and Overview

PAX Gold (PAXG) carves its niche in the cryptocurrency domain as a distinctive ERC-20 stablecoin, providing investors with fractional ownership of physical gold reserves securely stored in London vaults. Unlike conventional stablecoins, PAXG is not tethered to a fiat currency like the US dollar or euro but is directly linked to physical gold.

Intrinsic Value and Security

PAXG stands out for its intrinsic value and security, with each token equivalent to one troy ounce of a 400-ounce London Good Delivery gold bar, safeguarded in accredited gold vaults. Consequently, the value of PAXG is intrinsically tied to the real-time market value of that physical gold, ensuring that the token represents actual gold ownership and its price fluctuates with the market value of gold.

Potential Risks

When investing in PAX Gold (PAXG), it's important to be aware of the potential risks involved. The value of PAXG is subject to daily fluctuations in the gold market, which can be influenced by factors such as economic conditions and political events. Additionally, changes in government regulations can impact the use and value of PAXG tokens and introduce new compliance requirements. There is also a risk of redemption, where PAXG tokens may not be redeemable if the custodian fails to make the underlying assets available or if the issuer becomes insolvent. PAXG is also subject to depreciation risk, meaning its value can decrease if the value of the underlying gold drops or if the administrative organisation faces issues. Finally, operational risks related to the management and security of digital assets require secure storage and management of private keys associated with digital wallets to mitigate the risk of unauthorised access or loss.

There is also a possibility that PAXG could become de-pegged from its underlying asset, which could impact its value and stability.

How To Buy PAX Gold or Add it to your Strategy

The fastest, most convenient way to purchase PAX Gold is to purchase it on ICONOMI. We check PAX Gold live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy PAX Gold by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if PAX Gold is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy PAX Gold, we recommend you read the next section, as copying might be a better approach.

Add PAX Gold to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have PAX Gold in their structure.

Posts

Here you can read and comment on all posts made by Strategists about PAX Gold PAXG. See all PAX Gold price predictions in real time and make the best use of their crypto knowledge.

CARUS-AR

7h ago

Up we go!
Price point for profit taking reached!
Added 0.5% to $USDC, $PAXG and $BTC.

10% out of Crypto markets now, according to plan.

5 people like this

NapFTon

22 Nov, 2024

Wow, crypto and $BTC particularly are super strong, still being very cautious and staying out of memes. Only added some $BTC and increased $PAXG as it did well last week.

2 people like this

CARUS-AR

16 Nov, 2024

Price point for profit taking reached!
Added 0.5% to $USDC, $PAXG and $BTC.

Slowly taking profits on the way up as shared in our blog post:
https://carus-ar.com/blog/carus-ar-2025-strategy-in-case-of-crypto-bull-market.html

8 people like this

TITANIUM BASIC

11 Nov, 2024

NADALJEVANJE RASTI ZA BITCOIN🔥

Za nami je razburljiv teden s +25% tedenskim💪in +40%💸mesečnim donosom. Zadovoljstvo na trgih nad Trumpovo zmago ne pojenja. Bitcoin je presegel tarčo $80 000, likvidiral $90mio kratkih pozicij in potrdil nadaljevanje rasti. Pričakovane tarče so v kratkem roku na $90 000 in v nadaljevanju bikovskega trga nad $100 000🚀🔥

Fed je v dneh po volitvah po pričakovanjih znižal obrestne mere za 0,25% na 4,75%, EU jih drži na 3,4%. Močan dolar, ki drži inflacijo na relativno nizkih ravneh in gospodarstvo s pozitivnimi rezultati napovedujeta nadaljno rast kriptovalut.

NEWS

Bitcoinove rasti ne zaustavi niti premikanje večjih količin $BTC Mt. Gox-a (povračila upnikom) in tožbe propadle FTX menjalnice na ustanovitelja Binanc CZ-ja. Kitajska resno razmišlja o ponovni legalizaciji Bitcoina--> LINK🚨

Senatorka Cynthia Lummins naslednja po Trumpu obljublja uveljavitev Bitcoina kot strateško rezervo ZDA.

ZANIMIVOST

Ethereum $ETH je presegel vrednost ene največjih bank v ameriki Bank of America, $345 milijard vredno podjetje.💀🤯

ETFs

Prilivi v BTC sklade so prejšnji teden dosegli $1,5 mrd, ETH skladi pa presegli $150 mio.

Izjemno visoki prilivi največjega BTC sklada pod upravljanjem “Blackrocka” so presegli $33mrd neto prilivov vseh časov in s tem je BTC ETF prehitel GOLD ETF (več prilivov v Bitcoin sklad kot v sklad zlata)🚀💪

#BitcoinTheKing

SPREMEMBA STRUKTURE

V nov teden vstopamo s prenovljeno strategijo. Ob dobrih napovedih rahlo povečujemo ponder $ETH na 20%, $SOL na 17% in $LINK na 5%, rahlo pa je zmanjšana utež žetona vezanega $PAXG na 5% in $BTC na 40%.

2 people like this

Schillebeeckx Strategy

11 Nov, 2024

$BTC keeps growing in value steadyly.

We are only witnessing the beginning stages of altseason.

Memecoins are flying, but we don't invest in memecoins.

We picked alts with real life functionality and are confident they will outperform $BTC (and $ETH ) on average in an altseason.

We are hoping for continued steady growth in this space, but if a blow-off top would arise once more, we are ready to take profits to $USDT and $PAXG and $BTC and $ETH.

3 people like this

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PAX Gold Price FAQ

What Is the Highest Price of PAX Gold in GBP?

PAX Gold price UK history shows the highest value of 2,169.16 GBP . We recorded this price on November 23, 2024, but we cannot exclude that a higher price was registered before February 24, 2021.

What Is the Lowest Price of PAX Gold in GBP?

The lowest PAX Gold price UK was 1,228.33 GBP. We recorded this price on Mar 9, 2021, but we cannot exclude that a lower price was registered before February 24, 2021.

How to buy PAX Gold in the UK?

You can buy PAX Gold in the UK with a credit card, crypto, or bank transfer. If you don’t yet have an ICONOMI account, creating one will take only a couple of minutes. PAX Gold can also be added to your Crypto strategy so you can more easily manage your crypto portfolio and take advantage of ICONOMI’s unique rebalance features.

What Is the Current PAX Gold Price UK in GBP?

Current PAX Gold price UK in GBP is £2,161.46 . This means that if you want to buy 5 PAX Gold in the UK, you would spend £10,807.30 .

Is PAX Gold a good investment?

The current YTD (year-to-date) performance of PAX Gold is 35.50%. Always do your own research when investing. Past performance does not guarantee future gains. We invite you to read Investing 101 guides on our blog. Maybe you can start with How to Build your Crypto Portfolio.