Pax Gold price (PAXG)
A token backed by physical gold: 1 PAXG is one troy ounce of gold in a secure vault. Invest in gold as easily as in crypto.
326,332.33 ₽
+0.98% in 24 hoursRates update automatically. The exact rate is fixed at the moment of the transaction.
Market price
326,332.33 ₽
Buy
331,227.72 ₽
Sell
321,436.94 ₽
Market cap
145.8B ₽
Circulating supply
448.9K PAXG
What is Pax Gold
Pax Gold (PAXG) is a digital token backed by real physical gold. Each token corresponds to one fine troy ounce (about 31.1 grams) of investment-grade gold stored in professional vaults. The PAXG price tracks the global gold price — a way to own the "eternal" asset in a convenient digital form, without bars, safes, or middlemen.
Who issues PAXG
Pax Gold is issued by Paxos Trust Company — a regulated New York trust company supervised by the New York State Department of Financial Services (NYDFS). The token launched in 2019 and became one of the largest gold-backed digital assets in the world.
The gold backing PAXG consists of London Good Delivery bars stored in professional vaults in London. Paxos regularly publishes attestation reports confirming that the amount of gold in the vaults matches the number of tokens issued.
How it works
PAXG is an ERC20 token on the Ethereum network, so it is transferred and stored like other digital assets. The difference is that each token represents a share of a specific gold bar: the token holder legally owns the gold itself, not a claim or a "paper" price.
The PAXG rate against the ruble or the som combines two movements: the global gold price (in dollars per ounce) and the dollar exchange rate. The token is divisible — you can buy any amount, not necessarily a whole ounce.
Why invest in gold via PAXG
Gold is the classic defensive asset: it has held value for millennia and often gains when markets get rough. PAXG makes it accessible without the hassle of physical ownership: no buying bars, verifying authenticity, paying for storage, or losing on resale spreads — the token is bought and sold in minutes.
That said, the gold price fluctuates too and can decline, especially over short periods. PAXG is best viewed as a diversification element — a "quiet harbor" next to more volatile crypto assets, not a source of quick returns.
PAXG on Casheron
On Casheron you buy and sell Pax Gold from a licensed virtual asset exchange operator. Deposits and withdrawals go through the Faster Payments System (SBP) and bank transfers within Russia: no P2P trading — money goes directly to a licensed exchanger.
Sign up, complete KYC verification — and digital gold will be in your portfolio within minutes. The rate and the final amount are visible before you confirm the transaction.
How to buy Pax Gold
Three simple steps — from sign-up to your first transaction.
Create an account
Sign up with Casheron in a couple of minutes — all you need is a phone number and an e-mail.
Verify your identity
Complete KYC verification — a licensing requirement that also protects your account.
Buy Pax Gold
Top up your account via SBP or bank transfer and exchange funds for Pax Gold at the current rate.
Questions about Pax Gold
The essentials in brief — buying, rates, and safety.
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