PAXGReal-World AssetCommodityCommodity-Backed Token
United StatesSelf-reported
PAX Gold
Paxos Trust Company· New York, United States- Value of backing
- $1.43B
- 17D change
- +0.5%
- Yield
- None
- NAV
- 3312.4000
- Expense ratio
- 0.00%
- Minimum
- $0
- Redemption
- Daily
- Launched
- 05 Sept 2019
Field coverage 96%Primary-source or on-chain verified 67% of tracked metrics2/2 source documents analyst-verifiedLast reconciled 01 Oct 2026
Overview
What this product is
One token is one fine troy ounce of allocated gold, held in a London vault with serial numbers published per bar. The only product in coverage where an investor can verify the specific physical asset behind their holding — and the only one whose value moves with a commodity rather than an interest rate.
- Underlying asset
- Allocated London Good Delivery gold bullion
- Asset class
- Commodity
- Product structure
- Commodity-Backed Token
- Legal structure
- US State Trust Charter
- Issuer jurisdiction
- United States
- Fund domicile
- United States (New York trust)
- Base currency
- USD
- Launched
- 05 Sept 2019
Peer set
Comparable products
Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.
| PAXGthis product | 0.00% | 0.00% | $0 | $1.43B |
Issuer
Who runs it
Paxos Trust CompanyNew York, United States
New York-chartered trust company issuing stablecoins and commodity-backed tokens under state banking supervision, and running white-label issuance for third-party brands.
Portfolio
Composition
- Allocated London Good Delivery gold bars100.0%