PAX Gold Price Prediction 2025-35: Will It Hit $30K by 2035?

kelvinMay 17, 2025Last Updated: May 17, 2025

12 minutes read

PAX Gold Price Prediction 2025-35 Will It Hit $30K by 2035

PAXG has been in an ascending channel since 2022, reinforcing a stable uptrend.
Pax Gold’s spot trading volume surged to $4.34M on May 8, signaling strong investor interest.
Bullish Pax Gold (PAXG) price prediction for 2025 ranges between $2,500 and $5,000.

PAX Gold (PAXG) Overview

Cryptocurrency	PAX Gold
Ticker	PAXG
Current Price	$3,219.61
Price Change (30D)	-3.64%
Price Change (1Y)	+36.06%
Market Cap	$766.58 Million
Circulating Supply	238.09K
All-Time High	$3,520.35
All-Time Low	$1,387.98
Total Supply	238.09K

What is PAX Gold (PAXG)?

PAX Gold (PAXG) is a revolutionary digital asset that blends the enduring value of physical gold with the flexibility, accessibility, and speed of blockchain. Launched by Paxos Trust Company in 2019, PAXG is a regulated, asset-backed cryptocurrency where each token represents one fine troy ounce of a London Good Delivery gold bar, securely stored in professional vaults like those operated by Brinks.

But PAXG isn’t just a digital certificate—it’s real ownership. When you buy PAXG, you’re not purchasing a derivative or ETF. You legally own a piece of physical gold, backed 1:1, fully traceable via a unique serial number assigned to a specific gold bar.

How Does PAXG Work?

PAX Gold is an ERC-20 token built on the Ethereum blockchain, which makes it fully compatible with Ethereum-based wallets, decentralized applications (dApps), and DeFi protocols.

For every token minted, Paxos purchases one ounce of physical gold and stores it in LBMA-accredited vaults. Monthly third-party audits verify that the number of tokens in circulation matches the exact amount of gold held in reserve.

Owners can verify the serial number, weight, refiner, and storage location of the gold backing their tokens by using the PAXG lookup tool on the Paxos website. The gold is fully allocated and held specifically for PAXG token holders, not pooled with other assets.

Why PAXG Stands Out

PAX Gold offers a compelling investment case by merging gold’s stability and intrinsic value with the accessibility and liquidity of cryptocurrencies.

Key Advantages:

True Legal Ownership: Unlike gold ETFs or paper gold, PAXG gives direct ownership of physical gold stored in vaults, protected by New York State-regulated Paxos Trust Company.
Fractional Investment: The token is divisible up to 18 decimal places, allowing even small investors to gain exposure to gold.
Global 24/7 Liquidity: Tradeable on major crypto exchanges, PAXG offers round-the-clock liquidity, unlike traditional gold investments, which are limited to market hours.
Low Costs: Paxos charges a 0.02% token creation or redemption fee, with no storage or insurance fees. Users only pay standard Ethereum gas fees.
Transparency and Audits: Paxos publishes monthly audits from top-tier firms and uses blockchain analytics tools to monitor transactions and maintain integrity.
DeFi Integration: PAXG can be used as collateral or to earn yield in decentralized finance platforms, bringing yield opportunities to a traditionally passive asset.

Flexibility in Redemption

PAXG offers various redemption options:

Physical Gold: You can redeem 430 tokens for a 400-ounce LBMA gold bar.
Unallocated Gold: Institutional investors can redeem for Loco London Gold.
Fiat Currency: Easily convert tokens back into USD at prevailing gold market prices.

These features make PAXG ideal for long-term gold holders and active crypto traders.

Important Considerations

Despite its benefits, PAXG carries a few considerations:

Counterparty Risk: While Paxos is heavily regulated and audited, users depend on the company to manage and secure the gold reserves.
Ethereum Network Fees: Transactions are subject to Ethereum gas fees, which can rise during peak usage.
Regulatory Environment: Changing regulations in digital assets could affect the usability or accessibility of PAXG.
Gold Price Volatility: The value of PAXG is tied to the market price of gold, which can fluctuate based on macroeconomic factors.

PAX Gold Price History

Since its launch in 2019, PAX Gold (PAXG) has offered investors the best of both worlds—real gold ownership on the Ethereum blockchain. After years of price consolidation between the resistance range of $2,097–$1,985 and support between $1,744–$1,615, the token finally broke out in 2024, signaling a major shift in momentum.

That breakout wasn’t subtle—PAXG surged over 76%, climbing to a new all-time high around $3,520. Since then, it has maintained a strong position within an ascending channel that began in 2022, showing a steady and reliable bullish trend.

The chart illustrates this clearly: a breakout from consolidation, followed by higher highs and higher lows, a textbook bull run. As long as the token respects this upward channel, PAXG could retest its recent highs or push into uncharted price territory.

But investors should stay alert—if sentiment shifts, the $2,097–$1,985 zone could flip from past resistance to new support. A break below that could drive the token toward deeper support levels at $1,744–$1,615, and in a worst-case scenario, even revisit its all-time low near $1,394.

Whether it’s the start of a new golden era or just a bullish chapter in a longer story, PAXG is proving that digital gold can shine as brightly as the real thing.

Uptrend Intact, but Caution Looms for PAXG

As PAXG pushes higher within its long-standing bullish channel, trading activity is flashing a cautionary signal. According to the CryptoQuant Spot Volume Bubble Map, May 8, 2025, marked a significant moment: PAXG hit $3,394, with a sharp increase in trading volume totaling $4.34 million, categorized as “Overheating.”

While this indicates strong interest, it may also hint at a classic distribution phase, a market cycle in which early investors begin offloading assets to latecomers. Historically, such phases appear at the tail end of a bull trend. Price levels remain elevated, but gains start to slow, exactly what we’re seeing now.

PAXG has been riding an ascending channel since 2022, with consistently higher highs and higher lows. Yet, with price nearing resistance and volume peaking, momentum may be running out of steam. For now, the bullish trend remains unbroken. But seasoned investors know: when the market overheats, a cool-down often follows.

Yearly Highs and Lows of PAX Gold

Year	PAX Gold Price
Year	High	Low
2025	$3,520.35	$2,621.34
2024	$3,155.05	$1,794.20
2023	$2,084.88	$1,758.92
2022	$2,067.03	$1,609.77
2021	$2,072.76	$1,694.00
2020	$1,531.61	$1,494.22
2019	$1,576.20	$1,387.98

PAX Gold Technical Analysis

According to the monthly chart, PAXG technical indicators suggest heightened bullish momentum but also potential overheating. The MACD (12, 26) reveals a wide divergence between the MACD line (322.50) and the signal line (240.84), with a strong histogram reading of 81.67, indicating sustained buying pressure and a trend continuation.

Simultaneously, the Relative Strength Index (RSI 14) stands at an elevated 85.09, placing it well within overbought territory. This reading not only signals extreme bullish strength but also raises red flags for a potential short-term correction, as values above 70 typically suggest market exhaustion.

PAX Gold (PAXG) Price Forecast Based on Fair Value Gap

PAXG is currently hovering just above the first Fair Value Gap (FVG) at $3,218–$3,163, a price inefficiency zone that often acts as a magnet for price corrections. FVGs are critical in forecasting future pullbacks, as institutional players tend to revisit these areas to fill orders.

The second major FVG is between $2,772 and $2,713, coinciding with a consolidation region from early 2025. If the token breaks below the current price support, this level may serve as a secondary retracement target.

The third FVG, extending from $2,275 to $2,041, aligns with a former accumulation zone during mid-2024—another likely area where demand could be reignited if bearish pressure increases. Finally, the fourth and deepest FVG sits between $1,762 and $1,720, representing a strong historical demand zone and a key structural base formed after PAXG’s breakout in early 2023.

These FVGs suggest a layered support system beneath the current price, offering clues for where the market might revisit if a correction unfolds. As long as PAXG remains above these imbalances, the bullish trend is technically intact, but any downward move may be drawn to fill these gaps first.

PAX Gold (PAXG) Price Forecast Based on MA Ribbon Analysis

PAXG is trading well above its 20-period moving average (MA) of $2,510.70 and the 50-period MA of $2,106.49. This strong separation between price and both moving averages highlights a well-established bullish trend, supported by consistent upward momentum since early 2024.

Besides, the 20 MA’s position above the 50 MA is a textbook sign of bullish continuation, often referred to as a “golden alignment” in trend-following analysis. This indicates that short-term momentum is outpacing long-term movement, reinforcing the strength of the ongoing uptrend.

Furthermore, the growing gap between these two MAs suggests increasing momentum and trend strength, not merely a temporary spike. These moving averages also serve as dynamic support levels. Should price retrace, $2,510.70 (20 MA) would be the first major level to monitor for a potential bounce, followed by $2,106.49 (50 MA) as a deeper support.

While the distance between the current price and these MAs suggests potential overextension in the short term, the ribbon structure continues to confirm bullish dominance. As long as the 20 MA remains above the 50 MA and both continue to slope upward, PAXG is structurally positioned to maintain or extend its upward trajectory.

PAX Gold (PAXG) Price Forecast Based on Fib Analysis

PAXG is trading just beneath its all-time high, and well above several key Fibonacci retracement levels. These levels, drawn from the swing low at $1,394.48 to the current high, serve as essential zones for potential price reactions during retracements.

The 0.786 level at $3,066.95 is the closest significant support, acting as a buffer if the price corrects from current levels. Below that, the 0.618 retracement at $2,709.48 marks a stronger confluence zone, aligning with prior consolidation phases and volume clusters from 2024.

This level is often seen as a “golden ratio” retracement and frequently attracts institutional buy interest. The 0.5 level at $2,458.39 represents a psychological midpoint of the overall move and could serve as a neutral retracement target, while the 0.382 level at $2,207.31 connects closely with previous resistance turned support.

Deeper corrections may seek the 0.236 level at $1,896.65, before potentially revisiting the swing low. However, given PAXG’s strong bullish momentum, shallow retracements to the 0.786 or 0.618 zones are more probable.

PAX Gold (PAXG) Price Prediction 2025

According to CryptoTale’s projections, PAXG will likely trade between $2,500 and $5,000, driven by post-BTC halving hype and mounting geopolitical tension. The bullish momentum may peak in Q3, followed by signs of early distribution.

PAX Gold (PAXG) Price Prediction 2026

With monetary tightening weighing on global growth, PAXG may retreat to $3,500–$4,500 as the market enters a correction phase. A decline in speculative crypto inflows and fading euphoria could expose PAXG to downside pressure despite its inherent safe-haven appeal.

PAX Gold (PAXG) Price Prediction 2027

CryptoTale projects a low of $2,800–$4,000 during this depression phase. However, central banks’ historic gold accumulation and anticipation of the next BTC halving could reinforce support zones, setting the stage for cautious institutional accumulation of PAXG.

PAX Gold (PAXG) Price Prediction 2028

As confidence rebuilds, PAXG may trade between $5,000 and $8,000, buoyed by Bitcoin halving, growing blockchain use, and increased DeFi applications of tokenized real-world assets. Gold’s defensive role gains traction amid sticky inflation and unpredictable global monetary shifts.

PAX Gold (PAXG) Price Prediction 2029

This post-halving year could see PAXG rise to $8,000–$11,000, supported by speculative optimism, easing rate expectations, and central banks accumulating gold reserves. Demand from Asian markets, particularly China, may further fuel bullish sentiment.

PAX Gold (PAXG) Price Prediction 2030

CryptoTale forecasts a corrective pullback to $6,500–$9,500, with macro tightening and market rebalancing triggering profit-taking. However, persistent central bank demand and geopolitical instability should provide a price floor for gold-backed digital assets like PAXG.

PAX Gold (PAXG) Price Prediction 2031

Stabilization resumes, with PAXG expected to range between $7,000 and $10,000. As the next BTC halving nears, gold-backed crypto assets gain renewed attention for their stability, making PAXG a preferred hedge amid increased market trust.

PAX Gold (PAXG) Price Prediction 2032

Driven by the 6th BTC halving and speculative inflows, PAXG could soar to $9,500–$15,000. Geopolitical unrest and emerging market central banks’ continued diversification away from USD reserves reinforce gold’s safe-haven status, boosting demand for tokenized gold.

PAX Gold (PAXG) Price Prediction 2033

An expansion phase may push PAXG between $14,000 and $20,000. Enthusiastic investor sentiment, stronger gold-backed DeFi lending, and advancing smart contract integration into traditional finance elevate PAXG’s relevance in the broader market.

PAX Gold (PAXG) Price Prediction 2034

Following aggressive growth, the market may correct slightly, placing PAXG between $12,000 and $18,000. Institutional rotation and macro caution will lead to temporary consolidation, though physical gold demand continues to underpin long-term strength.

PAX Gold (PAXG) Price Prediction 2035

CryptoTale projects a breakout year, with PAXG climbing to $20,000–$30,000, driven by peak adoption, regulatory clarity, and anticipation of the 2036 BTC halving. Global economic fragility and continued gold reserve expansion solidify PAXG’s new all-time highs.

FAQs

What is PAXG?

PAXG is a gold-backed ERC-20 token where each token represents one fine troy ounce of London Good Delivery gold stored in LBMA vaults.

How can I purchase PAXG?

You can buy PAXG on major crypto exchanges, through the Paxos platform, or via Ethereum-compatible wallets supporting ERC-20 tokens.

Is investing in PAXG a wise decision?

PAXG offers exposure to physical gold through blockchain technology, appealing to investors seeking diversification. However, like all assets, it carries risks of market volatility, regulation, and issuer dependency.