The price of gold is expected to continue rising, making PAX Gold (PAXG) a focus of attention for long-term investors.
According to jin10 reports, UBS strategist has raised the target price of gold, predicting that by the third quarter of 2025, the price of gold will rise to $2900 per ounce.
Meanwhile, PAX Gold (PAXG), as a cryptocurrency backed by gold, is gradually becoming a major tool for investors in the gold market. PAXG allows investors to hold gold in digital form in the crypto market and enjoy the long-term appreciation potential of gold as a hedge asset.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
About 113 BTC and 732 ETH flowed from Gemini hot wallet address to VanEck
RookieXBT associated address bought 2.73 million FARTCOIN in the past 48 hours
Layer 1 tokens generally rose, ADA rose by more than 25% in 24 hours
VanEck: Three key indicators show that Bitcoin may have further room to rise
Trending news
MoreCrypto prices
More
