PAX Gold Price Prediction: Will PAXG Boom in 2024?

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What Is the PAX Gold Price Prediction Today

AT A GLANCE

  • In 2024, PAX Gold price is expected to reach $3436.1360655598182, according to some experts
  • 2025 promises to be turbulent, with prices ranging from $2709.0830166475653 to $4761.502833704319, with PricePrediction.net predicting a breakthrough leading to a price rise to $4761.502833704319
  • By 2030, PAXG price can hit $3436.1360655598182

PAX Gold Fundamental Analysis

Project name
PAX Gold
Stock Symbol
PAXG
Current Price
2315.455569784244
Current Supply
185852.565

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.

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PAX Gold Price Prediction

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

PAX Gold Price Predictions Summary

Year
Average Price
Avg. Price / Pot. ROI
Potential ROI
2024
$2787.31795389
19%
19%
2025
$3807.56250880
58%
58%
2026
$2871.33373270
31%
31%
2027
$2102.83497849
13%
13%
2030
$870.99484305
-65%
-65%

PAX Gold Price Prediction for 2024

As of the beginning of 2024, PAX Gold price predictions remain predominantly positive, with some analytics promising the price at about $2480.416, while TradingBeast even cites the possibility of the price reaching $3241.638 by the end of the year.
Potential ROI: 19% Buy

PAX Gold Price Prediction for 2025

According to PricePrediction.net, in 2025 PAX Gold investors should expect price growth to $4491.984, which seems a good reason to consider PAX Gold as an investment option. WalletInvestor, in turn, predicts the price increasing to $2977.136, and TradingBeast agrees with a predicted growth to $3473.183.
Potential ROI: 58% Buy

PAX Gold Price Prediction for 2026

PAX Gold price predictions for 2026 are still predominantly positive, with some analysts promising prices in the $3658.836–$4538.293 range (WalletInvestor, PricePrediction.net), while TradingBeast takes a different view and cites the possibility of the price reaching $926.1822 in December 2026.
Potential ROI: 31% Buy

PAX Gold Price Prediction for 2027

TradingBeast has only optimism in store for the 2027 PAX Gold price prediction, valuing PAX Gold at $3102.71 by the end of 2027. WalletInvestor agrees with a positive forecast and predicts, in turn, $4392.535 for the same period. On the other hand, PricePrediction.net’s team is more pessimistic — their PAX Gold price prediction for December of this year is just $370.4729.
Potential ROI: 13% Buy

PAX Gold Price Prediction for 2030

Most experts are expecting a bleak future for PAX Gold: long-term PAX Gold price predictions promise significant decline by 2030. WalletInvestor predicts the price to reach $1493.462, while PricePrediction.net goes down for $555.7093. TradingBeast also puts not so big hopes on PAX Gold in the long term: its PAX Gold prediction for 2030 is $393.6274.
Potential ROI: -65% Sell

Author

June Katz
June Katz is a writer who is really interested in finance, trading, blockchain, and tech. As a SwapSpace author, she enjoys making content about crypto and other related topics.

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).
All you need for your research in one channel!
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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