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PAX Gold (PAXG) price
Data as of November 11, 2026, 02:11 UTC+3, the price refreshes on the page
PAX Gold (PAXG) is a Paxos token where each coin is backed by one troy ounce of gold.
- Market cap
- $1.80B
- 24h volume
- $78.6M
- Volume / market cap
- 4.36%
- Fully diluted value
- $1.80B
- Circulating supply
- 447.7 K PAXG
- Total supply
- 447.7 K PAXG
- Max supply
- no cap
- 24h range
- $4,008 … $4,122
- All-time high
- $5,619January 28, 2026
Analytics
What the numbers say about how the coin behaves. Based on hourly prices over 7 days and data as of November 11, 2026, 02:11 UTC+3.
Volatility
26%lowLower than Bitcoin (45%) over the same week.
Link to Bitcoin
0.48weakSometimes follows Bitcoin, often moves on its own.
From the all-time high
−28.38%moderately belowThe high of $5,619 was set on January 28, 2026.
Liquidity
4.4%normalA day’s trading equals 4.4% of market cap. Trades steadily, no frenzy.
Supply issued
∞no cap listedNo maximum supply is listed in the data: issuance depends on the project's rules.
Place in the week’s range
46%mid-rangeThe week ranged from $3,933 to $4,130, with a max drawdown of −2.88%.
Market share
0.07%smallShare of the top-100 market cap.
What is PAX Gold
PAX Gold (PAXG) is a token for physical gold issued by the US company Paxos. It launched in September 2019 with approval from the New York State Department of Financial Services (NYDFS). Paxos’s trust company has since moved under federal supervision and now operates as a national trust bank overseen by the OCC. Each PAXG represents one fine troy ounce (about 31.1 grams) of gold in London Good Delivery bars.
The gold sits in professional vaults in London with third-party custodians. Tokens are minted when metal enters the reserve and burned when it leaves, and Paxos publishes monthly reserve attestations. By entering a wallet address, a holder can see the serial number, fineness and weight of the bars behind their tokens. PAXG runs on Ethereum as an ERC-20 token, and in 2026 it also arrived on Solana and Base. Paxos currently charges no gold storage fees.
People use PAXG to hold gold in digital form: the token divides down to 18 decimal places, moves at any hour and can serve as collateral in DeFi and on exchanges. Through a Paxos account, tokens can be swapped for dollars, unallocated gold or physical bars. Unlike a stablecoin, PAXG tracks the price of gold rather than the dollar. Compared with a gold ETF, it can be transferred around the clock and is tied to specific bars in a vault.
What it’s used for
- holding gold in digital form in small fractions
- collateral in DeFi and on crypto exchanges
- conversion to dollars, unallocated gold or bars through Paxos
Risks
- reliance on Paxos, the London custodians and reserve reports: holders trust that the gold is there and that the company will honor redemptions
- the PAXG contract lets Paxos freeze an address, wipe a frozen balance and pause all transfers, and the contract itself is upgradeable
- the price follows gold and can move sharply, and direct redemption for metal is only possible in whole bars weighing 350 to 430 ounces
Contract addresses
Check the contract address before you buy or send: fake tokens copy the name and ticker, but their address is different.
| Network | Contract | Open |
|---|---|---|
| Ethereum (ERC-20) | 0x45804880de22913dafe09f4980848ece6ecbaf78 | Open |
Check a PAXG address before the deal
mexm AML shows where the coins came from: scams, darknet, mixers, sanctions. Networks: Ethereum (ERC-20). First check free.
Questions
How much is PAX Gold worth today?
As of November 11, 2026, PAX Gold trades at $4,024. Over 24 hours the price moved −2.43%, over 7 days +2.37%. The price on this page refreshes automatically.
How many PAXG are in circulation?
447.7 K PAXG are in circulation. There is no maximum supply. The fully diluted value of all coins is $1.80B.
What is the PAX Gold all-time high?
The all-time high of $5,619 was set on January 28, 2026. The price is now 28.38% below it. The all-time low was $1,400 (November 17, 2019).
Can PAXG be exchanged for real gold?
Yes, through a Paxos account, but only in whole London Good Delivery bars, which weigh 350 to 430 troy ounces and cannot be split. Smaller amounts can be converted at Paxos into dollars or unallocated gold, or sold on an exchange.
Where is the gold behind PAXG stored?
In professional vaults in London, held by third-party custodians on behalf of Paxos. Holders can look up the serial number, fineness and weight of their bars by wallet address, and Paxos publishes monthly reserve attestations.
How do I check a PAXG address for AML risk?
Open @AMLmexmBot, pick the network (Ethereum (ERC-20)) and send a wallet address or a transaction hash. The bot shows the risk score in percent and where the funds came from. Your first check is free.
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Prices and analytics are for information only and are not investment advice. Market data source: CoinGecko.