allChained
PAXGReal-World AssetCommodityCommodity-Backed TokenUS flagUnited 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 product0.00%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%
Weighted average maturity
0 days