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Paxos Gold
Pax Gold represents one ounce of London Good Delivery gold held in custody by Paxos Trust Company.

About Paxos Gold
Pax Gold (PAXG) is a digital token in which each token represents one fine troy ounce of London Good Delivery gold. The site states that the gold is held in custody by Paxos Trust Company, stored in LBMA vaults in London, and audited monthly. Paxos publishes monthly attestation reports for Pax Gold.
Holders can look up the serial number, weight and vault information of their gold using a wallet address. This lookup applies only to PAXG held in on-chain Ethereum and Solana wallets, not to custodial exchanges or wallets. The site says PAXG can be redeemed for LBMA-accredited Good Delivery gold bars or for USD at current gold market prices. Institutional customers can also redeem for unallocated Loco London Gold. Because PAXG represents physical gold, its value tracks the real-time market price of that gold.
Key features
- Each token represents one fine troy ounce of London Good Delivery gold
- Gold stored in LBMA vaults in London, held by Paxos Trust Company
- Monthly audits with published attestation reports
- Gold allocation lookup by wallet address showing serial number, weight and vault
- Redemption for LBMA-accredited gold bars or USD at market prices
- Creation on the Paxos platform typically minted and delivered the same day
- Each token is tied to specific allocated gold that the site says is audited monthly
- The site states zero storage fees and zero on-chain transfer fees
- The site describes Paxos as a trust company regulated by the OCC
- Gold allocation lookup works only for PAXG in Ethereum and Solana on-chain wallets, not custodial exchanges or wallets
- Redemption for unallocated Loco London Gold is available only to institutional customers
- Larger platform purchases may settle the next business day rather than the same day
Paxos Gold at a glance
- Website
- paxos.com/paxgold
- Category
- Crypto & Blockchain › DeFi Protocols
- Type
- Website
- Pricing
- Not confirmed. Check the site
- Platforms
- Web
- Open source
- Not stated
- Language
- English
- Last checked
- Oct 6, 2026 · Online when checked
- Listed
- Oct 5, 2026
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Paxos Gold FAQ
What does one PAXG token represent?
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How can PAXG be redeemed?
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