PAX Gold Price History — Historical PAXG/USD Chart & Data
PAXG/USDT — verified market source History Since August 2017
Daily PAXG/USD market data closes. Log scale makes percentage moves comparable across the available verified history.
PAX Gold Price Records
PAX Gold Price by Year (2010–2026)
Approximate early exchange history through 2017; 2018 onward is calculated from verified PAXG/USD market data daily OHLC.
| Year | Open | High | Low | Close | Return | Event |
|---|
PAX Gold Monthly Returns — Seasonality Heatmap (2013–2026)
Approximate public historical returns through 2017; verified PAXG/USD market data daily open-to-close returns from 2018 onward. The current month is partial. Monthly figures can differ slightly from the yearly OHLC table because the pre-2018 public series uses different source boundaries.
What the seasonality shows
Read the median row together with the yearly cells: rankings change with the metric and sample. This is historical context, not a trading signal.
Extremes in the displayed dataset
| Best month | Nov 2013 · +449.0% |
| Best month (last 5y) | Feb 2024 · +43.6% |
| Worst month | Jun 2022 · −37.3% |
| Worst month (last 5y) | Jun 2022 · −37.3% |
| Longest losing streak | 6 months · Aug 2018–Jan 2019 |
Halving Cycles — Peak, Trough and Drawdown
Every cycle so far, measured halving to halving. Past cycles are context, not a template.
| Cycle | Price at halving | Cycle peak | Peak gain | Next trough | Drawdown | Halving → peak |
|---|---|---|---|---|---|---|
| 2012 → 2016 | $12 | $1,163 · Nov 2013 | +9,600% | $152 · Jan 2015 | −87% | 12 mo |
| 2016 → 2020 | $650 | $19,783 · Dec 2017 | +2,900% | $3,156 · Dec 2018 | −84% | 17 mo |
| 2020 → 2024 | $8,570 | $69,000 · Nov 2021 | +700% | $15,480 · Nov 2022 | −78% | 18 mo |
| 2024 → 2028 | $63,800 | $126,173 · Oct 2025* | +97.8%* | — | — | 18 mo* |
*Cycle in progress. Each cycle's peak gain has been smaller than the last — the "diminishing returns" pattern that long-term models weigh. See how it feeds the long-term prediction.
PAX Gold Price History Timeline — Year by Year
What actually moved the price each year, from the genesis block to today.
2009 Genesis no market price
Satoshi Nakamoto mines the genesis block on 3 January. PAX Gold has no exchange price; the first known valuation (October 2009, New Liberty Standard) works out to about $0.0008 based on electricity cost.
2010 First trades $0.003 → $0.30
Mt. Gox launches in July. On 22 May, Laszlo Hanyecz pays 10,000 PAXG (~$41) for two pizzas — the first documented commercial transaction. Price ends the year around $0.30.
2011 First bubble $0.30 → $32 → $2
Media coverage and Silk Road demand push PAXG to $32 in June — a 100× move in five months — before the first Mt. Gox hack triggers a 94% crash to about $2 by November. The template for every cycle since: parabolic run, sharp bust, higher low.
2012 First halving $5 → $13
Quiet recovery year. The first halving on 28 November cuts the block reward from 50 to 25 PAXG. WordPress starts accepting PAX Gold.
2013 Cyprus and China $13 → $1,163
Two bubbles in one year: the Cyprus bank bail-in sends PAXG to $260 in April; Chinese demand pushes it to $1,163 in November — PAX Gold's best year ever at roughly +5,500%. The People's Bank of China then bans banks from handling PAX Gold, and the top is in.
2014 Mt. Gox collapse $770 → $320
Mt. Gox, handling ~70% of trades, halts withdrawals in February and files for bankruptcy having lost 850,000 PAXG. Price grinds down all year, −58%.
2015 The bottom $314 → $430
Cycle low of $152 in January, then a slow base. Coinbase raises $75M; the New York BitLicense arrives. Ethereum launches in July.
2016 Second halving $430 → $960
Halving on 9 July (25 → 12.5 PAXG). Bitfinex hack in August (120,000 PAXG) causes a brief 20% drop; the uptrend resumes and PAXG more than doubles for the year.
2017 The ICO mania $1,000 → $19,783
Retail FOMO, the ICO boom and CME/CBOE futures launches drive a 20× year. PAX Gold passes $10,000 on 28 November and peaks at $19,783 on 17 December — the same week futures start trading. PAX Gold Cash forks off in August.
2018 Crypto winter $14,000 → $3,700
Worst calendar year on record, −73%. Regulatory crackdowns, ICO collapse and the PAX Gold Cash hash war in November take PAXG to $3,156 in mid-December.
2019 Relief rally $3,700 → $7,200
Facebook's Libra announcement and renewed institutional interest lift PAXG to $13,800 in June before it fades to $7,200 by year-end — still +94%.
2020 COVID crash and third halving $7,200 → $29,000
12–13 March: PAXG falls by more than half as global markets seize up, reaching a verified market source intraday low of $3,782. Third halving on 11 May (12.5 → 6.25 PAXG). Then MicroStrategy, Square and PayPal enter; PAXG breaks the 2017 high in December and closes near $29,000 (+300%).
2021 Institutional cycle $29,000 → $69,000
Tesla buys $1.5B; Coinbase lists on Nasdaq; PAXG hits $64,800 in April. China bans mining in May and price halves. El Salvador adopts PAXG as legal tender in September; the first US futures ETF launches in October and PAXG prints $69,000 on 10 November. Closes the year at $46,300.
2022 Deleveraging $46,300 → $16,500
Fed hikes, Terra/LUNA collapse (May), Three Arrows and Celsius (June) and FTX bankruptcy (November) cascade through the industry. Cycle low $15,480 on 21 November; −64% for the year.
2023 Recovery $16,500 → $42,300
Banking stress in March (SVB) is bullish for PAXG; BlackRock files for a spot ETF in June and the market front-runs approval. +155% for the year.
2024 Spot ETFs and fourth halving $42,300 → $93,500
US spot PAX Gold ETFs approved on 10 January and pull in tens of billions. New ATH of $73,800 in March — the first time PAXG tops before a halving. Fourth halving on 20 April (6.25 → 3.125 PAXG). Post-election rally takes PAXG through $100,000 on 5 December.
2025 The $126K peak $93,500 → ~$88,000
ATH $109,000 in January, a spring correction to $74,500, then a summer run to $123,000 (July) and the all-time high of $126,173 on 6 October. Heavy Q4 distribution and ETF outflows drag price back below $90,000 by year-end.
2026 Year to date — → —
PAX Gold has traded between — this year and is — below its all-time high. Market flows, monetary policy and the next estimated halving remain key context. Where next: short-term forecast · long-term prediction.
PAX Gold Historical Data — Daily OHLC (last 30 days)
Verified PAXG/USD market intervals when available. Download the complete available history using the CSV button above.
| Date | Open | High | Low | Close | Change |
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What if you had invested $1,000 in PAX Gold in 2016?
It would be worth about $112,000 today. Pick any date and amount in the What-If-I-Invested calculator.