PAX Gold ($PAXG ) showed steady strength over the past 24 hours, trading around $5,270–$5,280 with a healthy +3% gain. The price action stayed within a solid range — dipping to about $5,060 before pushing back up near $5,320.

What’s driving this?

It’s all about gold. Since $PAXG is backed 1:1 by physical gold, whenever gold prices rise, PAXG follows suit. Recent gold momentum has given PAXG a clear bullish tailwind.

Volume and Interest:

Trading volumes remain strong, signaling good liquidity and steady demand. This keeps price swings controlled, not wild — perfect for traders looking for a gold-play with crypto ease.

Short-term outlook:

Expect PAXG to keep tracking gold closely. Volatility might be low compared to other cryptos, but the upward trend backed by gold strength keeps things optimistic for the near term.

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PAXG

5,515.13

+3.80%