PAX Gold xarid qiling.

Pax Gold (PAXG) is a regulated, asset-backed token that represents ownership of real, physical gold stored in professional vaults. Each PAXG token is backed by exactly one fine troy ounce of gold held in custody by Paxos Trust Company, a U.S.-regulated financial institution. This gives holders direct, on-chain exposure to the value of physical gold while benefiting from the flexibility and speed of blockchain technology.

As an ERC-20 token on the Ethereum blockchain, PAXG offers all the advantages of digital assets — 24/7 transferability, divisibility, and accessibility — combined with the enduring value and stability of gold. Unlike gold ETFs or derivatives, PAXG is redeemable for physical gold or cash through Paxos and its authorized partners, giving it a unique advantage in the gold-backed asset space.

PAXG is widely used as a hedging tool in the crypto market, a store of value during volatility, and a means to diversify portfolios with gold — all without leaving the blockchain ecosystem. It is supported across a wide range of wallets, DeFi platforms, and exchanges, allowing for integration into existing strategies.

The current price of PAXG closely mirrors the market price of gold and is shown as $4,453.83. The token’s market capitalization is $1,683,558,293. PAXG reached its all-time high of $4,573.52 on December 28, 2025. There are 378,071.82 tokens in circulation, from a total supply of 378,071.82, with a maximum cap of .

Amid the development of asset-backed digital tokens, Pax Gold serves as a link between traditional commodities and decentralized finance. It offers a regulated method to hold and transfer gold — globally and in real time.

You can buy Pax Gold using your debit or credit card through Nexo, or select another payment method for direct, real-time access to tokenized gold. Proceed to buy PAXG by visiting the Nexo Exchange.