As of May 2025, PAX Gold ($PAXG ) continues to serve as a stable, blockchain-based proxy for physical gold, offering investors a secure and regulated way to gain exposure to the precious metal.
š Market Performance
PAXGās price closely mirrors that of gold, maintaining a 1:1 backing with physical gold stored in London vaults. In March 2025, PAXG experienced a 9.89% increase, rising from $2,862 to $3,145.01. By the end of April, the price reached approximately $3,410.97, marking a 29.55% year-to-date gain .
Trading volumes have also seen a significant uptick, with daily volumes exceeding $25 million across major exchangesāa 38% increase since December 2024āindicating growing investor interest in tokenized gold . ļæ¼
š Technical Indicators
Technical analysis suggests a bullish trend for PAXG. The 20-day Exponential Moving Average (EMA) at $2,921 and the 50-day EMA at $2,840 are acting as support levels, while the 100-day EMA at $2,765 reinforces the likelihood of continued price appreciation . The Moving Average Convergence Divergence (MACD) indicator remains bullish, with the MACD line above the signal line, although the histogramās slight shrinkage suggests a potential slowing in bullish momentum .
š Price Forecasts for 2025
Analysts offer varying predictions for PAXGās price by the end of 2025: ļæ¼
ā¢ Conservative Estimates: Some forecasts suggest a maximum price of around $3,550, aligning with PAXGās historical stability and its close tracking of gold prices .
ā¢ Moderate Bullish Outlook: Other analyses project PAXG reaching between $4,043 and $5,125, reflecting expectations of moderate growth in gold prices and increased adoption of tokenized assets . ļæ¼
ā¢ Aggressive Projections: Some optimistic scenarios predict PAXG prices soaring to $10,961.73, driven by factors such as heightened inflation concerns and increased demand for safe-haven assets .