Equity Details
Price & Market Data
Price: $4,500
Daily Change: -$62.05 / 1.38%
Daily Range: $4,479 - $4,568
Market Cap: $1,652,778,929
Daily Volume: 49,977,254
About PAX Gold (PAXG)
Financial insights into PAX Gold (X:PAXG). Current price: 4,500, daily change: -$62.05 / 1.38%. Market cap: 1,652,778,929. Performance metrics across all timeframes are updated.
Details
PAXG is a digital asset that represents physical gold stored in a vault, each token representing one troy ounce of a 400 oz London Good Delivery gold bar. It is built on the Ethereum blockchain and issued by Paxos Trust Company, a regulated financial institution and custodian of the physical gold. PAXG is primarily used as a way for investors to invest in and hold gold in a digital form, and it can be traded on various exchanges. It can also be used as collateral for loans and other financial services within the cryptocurrency and blockchain ecosystem, and Paxos Trust Company has developed institutional-grade APIs and solutions for businesses and developers who want to use PAXG and other Paxos assets in their applications.