The price of gold constantly fluctuates due to the rapidly changing gold market. To capture the most accurate gold price at all times, the price of PAXG is based on streaming prices directly from our partner StoneX to represent the real-time London gold market.
Purchases and sales of PAX Gold (PAXG) are only available during London gold market hours on paxos.com (open from Sunday 6pm ET through Friday 5pm ET; closed weekdays from 5-6pm ET and applicable gold market holidays). When markets are closed, orders cannot be placed on the Paxos platform.
Distinction between getting PAXG through the "Trade" tab vs the "PAXG" tab
Please note that prices for PAXG/USD under "Trade" are based on the order book and can be traded 24/7, whereas the price quoted under the "PAXG" tab is based on real-time StoneX prices for PAXG minted or redeemed.