Table of Contents:
- Coin prognosis
- What is PAX Gold coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy PAXG
Possible bullishness 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. This page will offer an in-depth look on short-term and mid to long-term price predictions/possible price movements for PAX Gold, using ranking algorithms that are based on Historical price data.
PAXG Price | $1867.4600 USD |
Price Change24h | $-16.6100 USD (-0.88%) |
24h Low / 24h High | $1863.5200 / $1906.5200 USD |
Trading Volume24h | $2,818 USD |
MarketCap | $622,199,936 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.
Future price prediction
Date | Price | Possible movement |
---|---|---|
Jun 26, 2022 | $1906.5200 | Neutral |
July, 2022 | $ 1,895 USD | Downside |
August, 2022 | $ 1,909 USD | Upside |
September, 2022 | $ 1,857 USD | Downside |
December, 2022 | $ 1,922 USD | Upside |
June, 2023 | $ 1,824 USD | Downside |
PAXG Crypto Price Forecast: Frequently Asked Questions
Question | Answer |
---|---|
Will PAX Gold rise today? | Our data indicates PAX Gold will rise today. It's already higher than it's opening price. That's a great sign |
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 $1824.0763/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? | $1824.0763 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 = $1824.0763 USD. |
Where do I buy PAX Gold? | We have curated some great options. Buy PAXG coin here → |
Historical Price Data (USD)
Pay close attention to daily volume flutuations. Rising volume like PAX Gold has is a great indication it will do well in the short term.
Date | Price | Volume |
---|---|---|
June 13, 2022 | $1884.22 | $2,166,604 |
June 12, 2022 | $1881.15 | $3,887,711 |
June 11, 2022 | $1874.52 | $1,747,724 |
June 10, 2022 | $1846.24 | $2,331,163 |
June 9, 2022 | $1855.43 | $847,115 |
June 8, 2022 | $1856.13 | $1,529,878 |
June 7, 2022 | $1843.6 | $1,726,811 |
June 6, 2022 | $1857.4 | $1,048,507 |
June 5, 2022 | $1859.97 | $1,108,957 |
June 4, 2022 | $1853.82 | $505,731 |
June 3, 2022 | $1869.3 | $1,067,555 |
June 2, 2022 | $1847.84 | $927,475 |
June 1, 2022 | $1836.37 | $2,364,106 |
May 31, 2022 | $1857.95 | $1,755,701 |
May 30, 2022 | $1849.89 | $2,744,578 |
May 29, 2022 | $1853.38 | $474,202 |
May 28, 2022 | $1852.82 | $805,407 |
May 27, 2022 | $1855.53 | $2,408,630 |
May 26, 2022 | $1853.41 | $2,966,690 |
May 25, 2022 | $1866.99 | $1,557,665 |
May 24, 2022 | $1852.99 | $1,287,420 |
May 23, 2022 | $1853.17 | $998,519 |
May 22, 2022 | $1851.99 | $1,106,368 |
May 21, 2022 | $1853.1 | $463,740 |
May 20, 2022 | $1849.44 | $1,739,900 |
May 19, 2022 | $1816.6 | $2,213,365 |
May 18, 2022 | $1820.46 | $1,605,027 |
May 17, 2022 | $1826.74 | $1,597,354 |
May 16, 2022 | $1809.72 | $1,693,865 |
May 15, 2022 | $1809.63 | $1,220,113 |
Where and How to Buy PAX Gold (PAXG) Coin
There are 3 steps to purchasing PAX Gold. They are:
- Buy Bitcoin: Buying Bitcoin in 2022 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase PAXG directly with USD. They are: Gemini, Kraken, itBit, ftx, binanceusa, .
- Move the Bitcoin to an Exchange that supports PAXG: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the PAXG/BTC trading pairs.
At the moment, PAXG is currently available for purchase with Bitcoin at Kraken, Kraken, Binance, HitBTC, Braziliex, . - Buy PAX Gold on the Exchange: Now, you can buy PAX Gold with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different PAXG pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.
USD Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
Gemini | PAXG/USD | $177,521 USD | AA |
Kraken | PAXG/USD | $180,377 USD | AA |
itBit | PAXG/USD | $44,229 USD | AA |
ftx | PAXG/USD | $10,012 USD | A |
binanceusa | PAXG/USD | $48,943 USD | BB |
Bitcoin Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
Kraken | PAXG/BTC | 2.7493 BTC | AA |
Binance | PAXG/BTC | 21.0037 BTC | A |
HitBTC | PAXG/BTC | 0.0040 BTC | B |
Braziliex | PAXG/BTC | 0.0002 BTC | C |
Eth Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
Kraken | PAXG/ETH | 22.3225 ETH | AA |