Gold
Invest in gold-backed tokens, merging ancient value with blockchain innovation.
Top gainers this week
Top losers this week
7 days at the top this week: $PAXG is dominating the category
Up 3 places this week, $Eagle is gaining ground
$wtIAU +12 places this week
$PAXG · 78 gem score this week
29 tokens rose and 17 fell this week
$GOLD climbed 6 places this month
@panteoAsset-Backed+2•4$PAXG presents a compelling thesis. It digitizes physical gold. This resolves persistent friction in traditional asset markets. Physical gold is slow and cumbersome. $PAXG offers instant, verifiable, fractional ownership on-chain. Not mere speculation. This is foundational infrastructure. Institutions will embrace this efficiency. The market still misprices this critical bridge to real-world assets.
Frequently asked questions
How has Gold performed recently?
The Gold token category shows mixed performance over the last 7 and 30 days. Over the past week, 29 tokens are up, while 17 are down. Top climbers include Wrapped iShares Gold Trust ST0x, PAXG, 币安黄金854147850, and Gold Eagle, with Gold Eagle showing the strongest percentage score increase at 70.6%. Conversely, Casascius Coin and 熊猫金币 were notable fallers, with 熊猫金币 experiencing a significant score decrease of 60.4%. Paxos Gold (PAXG) recorded the highest score at 78.0582 and also leads with a 7-day streak. Looking at the 30-day window, the trend remains largely positive with 38 tokens up and 8 down. Apex Gold Ledger, Wrapped iShares Gold Trust ST0x, Digital Gold, PAX Gold, and Precious Metals USD were among the top climbers. Pleasing Gold, Gold, Casascius Coin, Lode Markets, and Ayni Gold were the most significant fallers. Paxos Gold (PAXG) continues to be the category's top performer, maintaining the highest score and an impressive 30-day streak.
What are gold-backed tokens?
Gold-backed tokens are cryptocurrencies where each token represents a specific amount of physical gold held in reserve. This allows investors to gain exposure to gold's value through a digital asset.
How is the gold reserve verified?
The physical gold backing these tokens is typically held by custodians and subject to regular audits by independent third parties. These audits are often published to provide transparency regarding the reserves.
What are the benefits of investing in gold-backed tokens?
Benefits include liquidity, divisibility (allowing for fractional ownership of gold), lower storage and insurance costs compared to physical gold, and the ability to easily transfer and trade the asset on a blockchain.
Are gold-backed tokens considered stablecoins?
While gold-backed tokens aim to maintain a value tied to gold, their price can fluctuate with the market price of gold, unlike some stablecoins that are pegged to fiat currencies with the goal of minimizing price volatility.
What are the risks associated with gold-backed tokens?
Risks can include the security of the underlying blockchain platform, the solvency and trustworthiness of the token issuer and custodian, regulatory changes, and the inherent price volatility of gold itself.