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PAX Gold Price Prediction

An up-to-date PAX Gold price prediction for 2022, 2023, 2024, 2025, 2030. Wondering what is the future of PAXG price? Find out PAX Gold price forecast with historical, fundamental and technical analysis.
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PAX Gold Fundamental Analysis

Project name
PAX Gold
Stock Symbol
PAXG
Current Price
1785.85
Current Supply
270047.859

Pax Gold (PAXG) is a gold-pegged token launched in 2019 by Paxos Trust Company, well-known for its Pax Standard dollar-backed stablecoin. Being an asset-backed product, one PAXG represents a troy ounce of gold’s price, meaning its value is tailored to the market price of the precious metal. From a technical point of view, Pax Gold is an ERC-20 token created on Ethereum blockchain, hence it can be utilized by any crypto holder without hassle – it’s easily compatible with major wallets and supported be big exchanges. Needless to say, Paxos company is a licensed custodian that provides high-security standards and goes through financial audits regularly. Pax company works along with Loco London Bank: if you have an account there, you can conveniently convert your unallocated gold bars to PAXG tokens just in one day, or redeem your unallocated gold back. You can also redeem for a gold bullion and even order delivery. There are a few advantages of PAX Gold. Firstly, the original idea of tokenizing assets and simplifying speculations on gold price attract many crypto lovers and allow the project to find its niche. Secondly, buying the tokens instead of gold bars removes the obstacles related to holding physical gold, particularly logistics, storage, and safety of the asset. PAXG users just buy the ownership rights, whilst the gold bars remain in the custodian’s vaults. Also, with Pax Gold, an investor can easily buy a fractional amount of a gold bar if they don’t need a whole troy ounce. It is available in fractions as small as an exchange permit. It makes the investments affordable even for small traders. Moreover, unlike physical gold, it provides staking and lending opportunities and allows earning extra interest – on Block.fi or You.Hodler, to name just a few. Finally, Pax Gold is issued on the Ethereum ERC-20 protocol, which makes it easily compatible with most services.

PAX Gold Live Price Chart

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PAX Gold Technical Analysis

Despite the fact that 100% accurate technical analysis for PAX Gold cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated PAXG buy-and-sell rating for selected timeframe. The summary for PAXG/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

PAX Gold Price Prediction

Below we have collected the most reliable price projections for PAX Gold (PAXG) from popular forecast platforms.

PAX Gold Price Prediction for 2022

As of PAX Gold price predictions for the rest of 2022, there are divergent opinions. TradingBeast expects an upturn towards $2803.7845, and WalletInvestor echoes with ~$3321.681 by the year’s end. Other experts, for example, from PricePrediction.net, are more pessimistic about PAX Gold’s future price, citing numbers downwards of $1696.5575 in December.
Potential ROI: 46% Buy

PAX Gold Price Prediction for 2023

In their PAX Gold price predictions for 2023, TradingBeast forecasts the coin’s price to go down to $1205.627335 by December. Forecasting PAX Gold future, PricePrediction.net expects further decrease of its price, too, saying the PAX Gold price will reach ~$214.302 by that time. On the contrary, WalletInvestor keeps predicting PAX Gold price growth, quoting prices around ~$2285.888 in 2023.
Potential ROI: -31% Sell

PAX Gold Price Prediction for 2024

The experts are unanimous in their PAX Gold price forecasts for 2024 — everybody expects PAX Gold’s price to drop down by the end of that year. PricePrediction.net predicts the price to fall, reaching $1714.416. According to TradingBeast’s research, PAX Gold’s price can drop down to $458.138387. WalletInvestor’s forecast is also not so positive: its analysts hold the view that by 2024 PAX Gold’s price will be about $1660.8405.
Potential ROI: -28% Sell

PAX Gold Price Prediction for 2025

WalletInvestor has only pessimism in store for the 2025 PAX Gold price prediction, valuing PAX Gold at $178.585 by the end of 2025. TradingBeast agrees with a negative forecast and predicts, in turn, $73.302142 for the same period. On the other hand, PricePrediction.net’s team is more optimistic — their PAX Gold price prediction for December of this year is just $2821.643.
Potential ROI: -43% Sell

PAX Gold Price Prediction for 2030

Speaking of long-term PAX Gold price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that PAX Gold price will grow further and eventually reach $2196.5955 by the end of the decade. WalletInvestor’s price prediction for PAX Gold echoes with the projection of an uptrend to $2535.907. Despite this, TradingBeast’s vision remains not so positive, promising a downfall to $90.161635.
Potential ROI: -10% Sell
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Summary

As it can be clear from the analysis cited above, PAX Gold (PAXG) projections are rather contradictory. There is no universal consensus either about positive or negative future PAXG price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the PAX Gold projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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