Paxos Gold

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

paxos.com/paxgold
Paxos Gold homepage screenshot

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
Best for: Investors who want exposure to physical gold in token form and are comfortable using on-chain wallets, along with institutions considering tokenized gold.
Good for
  • 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
Watch out for
  • 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

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?
One fine troy ounce of London Good Delivery gold, held in custody by Paxos Trust Company.
How can I check the gold behind my PAXG?
Use the Gold Allocation Look up with your wallet address to see the serial number, weight and vault information. The site says this works for PAXG in on-chain Ethereum and Solana wallets, not custodial exchanges or wallets.
How can PAXG be redeemed?
The site says PAXG can be redeemed for LBMA-accredited Good Delivery gold bullion bars or for USD at current gold market prices at any time. Institutional customers can also redeem for unallocated Loco London Gold.
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