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DAILY · CoinGecko · PAXG (gold-backed)

Gold (PAX Gold)

4.41K $/oz -0.17% day

A token backed one-for-one by a London Good Delivery gold bar held in vaulted custody, so its price tracks bullion rather than crypto fundamentals. It gives crypto exchanges a way to trade the metal, and it moves with real interest rates and central-bank demand.

Sep 7 · 4,412.97 $/oz · +1.6% vs the window’s open

CoinGecko · PAXG (gold-backed) · daily
the numbers31
whenvaluechange
Aug 94,344.13 $/oz
Aug 10low4,328.23 $/oz−0.4%
Aug 114,392.51 $/oz+1.5%
Aug 124,365.30 $/oz−0.6%
Aug 134,403.75 $/oz+0.9%
Aug 144,352.93 $/oz−1.2%
Aug 154,376.14 $/oz+0.5%
Aug 164,375.21 $/oz0.0%
Aug 174,365.30 $/oz−0.2%
Aug 184,415.76 $/oz+1.2%
Aug 194,333.46 $/oz−1.9%
Aug 204,494.80 $/oz+3.7%
Aug 214,513.77 $/oz+0.4%
Aug 224,599.39 $/oz+1.9%
Aug 234,588.08 $/oz−0.2%
Aug 244,615.09 $/oz+0.6%
Aug 25high4,672.31 $/oz+1.2%
Aug 264,646.50 $/oz−0.6%
Aug 274,615.09 $/oz−0.7%
Aug 284,587.97 $/oz−0.6%
Aug 294,461.75 $/oz−2.8%
Aug 304,464.59 $/oz+0.1%
Aug 314,453.41 $/oz−0.3%
Sep 14,450.44 $/oz−0.1%
Sep 24,336.46 $/oz−2.6%
Sep 34,392.82 $/oz+1.3%
Sep 44,481.70 $/oz+2.0%
Sep 54,432.43 $/oz−1.1%
Sep 64,432.17 $/oz0.0%
Sep 74,420.51 $/oz−0.3%
Sep 7latest4,412.97 $/oz−0.2%

Lately

A US payroll surge lifted bets on a September Federal Reserve hike, and higher policy rates weigh on a metal that pays no yield; that came days after Warsh's Jackson Hole speech, which traders had been pricing directly. Custody moved too: the Dutch central bank pulled $11.6bn of gold out of New York for London.

  1. Jobs Surge Fuels Hike Bets
  2. Warsh Speech Tests Fed
  3. Dutch Gold Leaves America

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