PAX Gold logo
Market rank #41 · Tokenized commodity

PAX Gold PAXG

Regulated issuer-backed token representing allocated physical gold

PAXG price today$4,316.04-0.31% over 24 hoursFresh ·

PAX Gold price chart

Observed USD price-0.15% in view
$4.36K$4.34K$4.31K$4.29K$4.26K09:00 AM05:00 PM12:00 AM08:00 AM
24 5-minute observations · UTCFull selected-window coverage
Market cap
$1.88B
24h volume
$289.03M
Volume / market cap
15.41%
Tracked market-cap share
0.07%
Global dominance
0.07%
Market pairs reported
422
CryptoDigest market read

What PAXG is doing relative to the market

Calculated from CryptoDigest’s 50-asset published research universe—not a claim about the entire crypto market.

24-hour momentum#48 of 50

PAXG is 0.03 percentage points below the Tokenized commodity average in our tracked set.

Trading intensity#12 by turnover

Reported 24-hour volume equals 15.41% of market cap and 0.19% of tracked-universe volume.

Observed range13% up the range

508 hourly candles retained; maximum peak-to-trough move observed was -7.81%.

Returns

PAXG performance by period

PeriodReturnContext
1 hour-0.29%Provider snapshot
24 hours-0.31%Rank #48 of 50
7 days-1.92%Rank #28 of 50
30 days-1.70%Live market snapshot
60 days+7.61%Live market snapshot
90 days+3.63%Live market snapshot

Against Bitcoin: PAXG performed 1.62 percentage points worse over 24 hours.

Valuation & supply

What the headline valuation includes

Circulating supply
434.499K PAXG
Total supply
434.499K PAXG
Maximum supply
No fixed maximum
Fully diluted value
$1.87B
24h volume change
+45.21%
Supply model
One PAXG represents one fine troy ounce; supply follows purchases and redemptions of allocated bullion

Fully diluted value applies the current price to the provider’s reported eventual or total supply. It is a scenario, not a forecast.

Primary-source asset brief

What is PAX Gold?

PAX Gold is issued by Paxos Trust Company, with each token representing one fine troy ounce of a specific London Good Delivery bar. Paxos provides allocation lookup and reserve reporting, so holders can evaluate the relationship between token supply and vaulted bullion.

Onchain divisibility makes small transfers possible, but physical redemption has minimums, fees, identity checks and delivery constraints. The token removes some frictions of trading allocated gold; it does not remove issuer, custodian, legal, smart-contract or market-liquidity risk.

Common misconception

PAXG tracks allocated wholesale bullion, not a gold-mining company or a fund that reinvests profits for token holders.

Current intelligence

What may be moving PAXG

Detector output is shown only when evidence crosses a materiality threshold; price movement alone is not treated as a cause.

UnknownNew
Materiality 36

PAXG moved materially; cause not established

PAXG registered a material price-anomaly signal.

Relevant to the broader market state
Interpretation

Cause not established

Alternative context

Available approved sources do not support a specific catalyst.

Inspect 0 evidence items
    Event confidence 20%Causal confidence 10%
    UnknownNew
    Materiality 44

    PAXG moved materially; cause not established

    PAXG registered a material price-anomaly signal.

    Relevant to the broader market state
    Interpretation

    Cause not established

    Alternative context

    Available approved sources do not support a specific catalyst.

    Inspect 0 evidence items
      Event confidence 20%Causal confidence 10%
      UnknownNew
      Materiality 41

      PAXG moved materially; cause not established

      PAXG registered a material price-anomaly signal.

      Relevant to the broader market state
      Interpretation

      Cause not established

      Alternative context

      Available approved sources do not support a specific catalyst.

      Inspect 0 evidence items
        Event confidence 20%Causal confidence 10%
        UnknownNew
        Materiality 38

        PAXG moved materially; cause not established

        PAXG registered a material price-anomaly signal.

        Relevant to the broader market state
        Interpretation

        Cause not established

        Alternative context

        Available approved sources do not support a specific catalyst.

        Inspect 0 evidence items
          Event confidence 20%Causal confidence 10%
          UnknownNew
          Materiality 36

          PAXG moved materially; cause not established

          PAXG registered a material price-anomaly signal.

          Relevant to the broader market state
          Interpretation

          Cause not established

          Alternative context

          Available approved sources do not support a specific catalyst.

          Inspect 0 evidence items
            Event confidence 20%Causal confidence 10%

            Latest PAX Gold news

            No original CryptoDigest article currently focuses on PAX Gold. Browse the newsroom for broader market coverage.

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            Live quote

            Price, market cap and 24-hour volume come from normalized provider snapshots, timestamped Sep 17, 2026, 8:39 AM UTC.

            History

            The chart uses stored 5-minute and hourly OHLC observations. It labels partial coverage instead of stretching it into a longer history.

            Our calculations

            Ranks, sector deltas and shares use the 50 assets in CryptoDigest’s published research universe. Turnover is volume ÷ market cap.

            Source boundary

            Supply and extended returns come from the live market-data feed; network facts link to project documentation. Nothing here is investment advice.