The highest price ever recorded for PAX Gold ($PAXG) was $3,521.24 on April 22, 2025.

⸻📈 What drove PAXG to its all-time high?

PAXG is a token backed 1:1 by physical gold, so its price reflects almost exactly the spot price of gold. Several factors contributed to its peak:

• Rising gold prices: In April 2025, gold prices reached a record high due to global economic uncertainties, concerns about inflation, and geopolitical tensions, prompting investors to seek safe-haven assets.

• Growing demand for tokenized assets: Increasing interest in digital assets backed by tangible commodities has led to higher demand for PAXG, as it provides the benefits of both gold and blockchain technology.

• Market liquidity and accessibility: The availability of PAXG on multiple exchanges and the fractional ownership model have made it more accessible to a broader range of investors, contributing to increased trading volumes and rising value.

⸻🟡 Why PAXG is a unique asset PAXG combines the stability of gold with the flexibility of cryptocurrency. Each token represents one troy ounce of pure gold from the London Good Delivery gold bar, stored in professional vault facilities. This structure allows investors to own physical gold without the challenges of storage and transportation, while also enabling easy trading and liquidity through blockchain technology.

⸻ As of now, PAXG remains a valuable asset for those looking to invest in gold through