PAXG

Gold

1 token = 1 troy ounce of LBMA-accredited gold

€2,180.4

+0.42% 24h

Key statistics

Symbol

PAXG

Unit

1 token = 1 troy ounce of LBMA-accredited gold

Custodian

Paxos Trust Company — LBMA London vaults (Brink's)

Token launched

2019

Price (EUR)

€2180.40

Price (USD)

$2350.10

Quick facts

Token
PAXG
Custodian
Paxos Trust Company — LBMA London vaults (Brink's)
Unit
1 token = 1 troy ounce of LBMA-accredited gold
Launched
2019

About Gold

Pax Gold (PAXG) is an ERC-20 token issued by Paxos Trust Company, fully backed by London Good Delivery gold bars stored in LBMA-approved vaults in London. Each token represents legal ownership of one troy ounce of physical gold. Holders can redeem PAXG for unallocated gold, allocated bars, or USD with Paxos directly, subject to minimums.

Use case — Hold a digitally-native claim on physical gold, transfer it 24/7 with on-chain settlement, and use it as collateral across DeFi venues — without dealing with vault logistics yourself.

Institutional custody

Held by regulated custodians with monthly third-party audits and full proof-of-reserves.

Trade 24/7

Tokenized assets settle in seconds — no market hours, no waiting for the next session.

Withdrawable

Move your position to a self-custody wallet anytime — you remain the legal beneficiary.

Risk disclosure — The value of Gold can go down as well as up. Past performance is not indicative of future results. Spot precious-metal prices fluctuate with macro conditions, real rates and industrial demand.