Table of Contents:
- Coin prognosis
- What is PAX Gold coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy PAXG
Possible uptrend on PAX Gold Up Only
Our coin price forecasting algorithm indicates bullishness on the PAXG/USD pair. This means it will do well in the near to long term.
| PAXG Price | $1790.8300 USD |
| Price Change 24hours | $-2.0500 USD (-0.11%) |
| 24h Low / 24h High | $1781.5236 / $1802.2200 USD |
| Trading Volume 24hours | $1,246 USD |
| Market Cap | $485,640,416 USD |
What is PAX Gold? Fundamental Analysis
PAX Gold (PAXG) is an asset-backed token where one token represents 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.
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Jan 28, 2023 | $1802.2200 | Neutral |
| February, 2023 | $ 1,848 USD | Upside |
| March, 2023 | $ 1,929 USD | Upside |
| April, 2023 | $ 1,872 USD | Upside |
| July, 2023 | $ 1,818 USD | Upside |
| January, 2024 | $ 1,801 USD | Downside |
PAXG Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| What will be the highest price of PAX Gold (PAXG) in future? | Our analysis shows PAX Gold is already past it's immediate all time high, indicating a bearish signal! |
| Will PAX Gold (PAXG) price increase in future? | No. Our algorithms indicate that PAX Gold (PAXG) will experience a significant decline in future. As low as $1800.8725/PAXG |
| Will an Investment in PAX Gold (PAXG) be profitable or make a loss? | Probably Loss making. |
| What will be the lowest price of PAX Gold (PAXG) in future? | $1800.8725 USD |
| Will the price of PAX Gold (PAXG) move downward in future? | Down only |
| At the end of the year, what will be the price of 1 PAX Gold? | Our analysis shows an end of year prognosis of 1PAXG = $1800.8725 USD. |
| Where do I buy PAX Gold? | We have curated some great options. Buy PAXG coin here → |
Historical Price Data (USD)
Rising volume like PAX Gold has is a great indication it will do well in the short term.
| Date | Price | Volume |
|---|---|---|
| December 10, 2022 | $1796.61 | $327,022 |
| December 9, 2022 | $1787.25 | $227,207 |
| December 8, 2022 | $1786.9 | $358,511 |
| December 7, 2022 | $1772.29 | $238,984 |
| December 6, 2022 | $1769.83 | $357,279 |
| December 5, 2022 | $1792.89 | $272,401 |
| December 4, 2022 | $1788.65 | $253,324 |
| December 3, 2022 | $1789.23 | $321,416 |
| December 2, 2022 | $1792.48 | $274,328 |
| December 1, 2022 | $1763.06 | $323,636 |
| November 30, 2022 | $1736.84 | $318,250 |
| November 29, 2022 | $1742.25 | $292,831 |
| November 28, 2022 | $1747.18 | $488,876 |
| November 27, 2022 | $1750.44 | $155,342 |
| November 26, 2022 | $1749.88 | $212,259 |
| November 25, 2022 | $1746.74 | $206,715 |
| November 24, 2022 | $1737.1 | $1,080,938 |
| November 23, 2022 | $1731.16 | $200,267 |
| November 22, 2022 | $1741.56 | $543,007 |
| November 21, 2022 | $1744.27 | $1,309,060 |
| November 20, 2022 | $1743.3 | $236,960 |
| November 19, 2022 | $1738.2 | $564,583 |
| November 18, 2022 | $1751.49 | $362,707 |
| November 17, 2022 | $1763.03 | $5,976,601 |
| November 16, 2022 | $1768.16 | $295,014 |
| November 15, 2022 | $1751.83 | $2,251,909 |
| November 14, 2022 | $1746.69 | $917,353 |
| November 13, 2022 | $1732.74 | $1,337,907 |
| November 12, 2022 | $1766.38 | $609,758 |
| November 11, 2022 | $1739.84 | $1,841,215 |
Steps to buy PAX Gold (PAXG) in 2023
- Buy PAXG with USD: Purchase PAXG with USD on the following exchanges: Gemini, Kraken, itBit, ftx, binanceusa, .
Alternatively, - Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports PAXG/BTC pair. You can buy PAXG with Bitcoin at Kraken, Kraken, Binance, HitBTC, Braziliex, .
- Now, Buy PAX Gold with BTC: Below is a detailed breakdown of exchanges that support PAX Gold and their trading.
Exchanges that support PAXG/USD Pair
| Exchange | Trade Pair | Rating |
|---|---|---|
| Gemini | PAXG/USD | AA |
| Kraken | PAXG/USD | AA |
| itBit | PAXG/USD | AA |
| ftx | PAXG/USD | A |
| binanceusa | PAXG/USD | BB |
Exchanges that trade PAXG/BTC Pairs
| Exchange | Trade Pair | Rating |
|---|---|---|
| Kraken | PAXG/BTC | AA |
| Binance | PAXG/BTC | A |
| HitBTC | PAXG/BTC | B |
| Braziliex | PAXG/BTC | C |
Exchanges that allow PAXG/BTC trading
| Exchange | Trade Pair | Exchange Grade |
|---|---|---|
| Kraken | PAXG/ETH | AA |
