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
Buidlpad launches yield product offering 8% annualized returns
Community fundraising platform Buidlpad launches yield product Buidlpad Vaults
As the "UNIfication" proposal enters the final voting stage, UNI briefly surges over 6%
Buidlpad Launches Yield Product Buidlpad Vaults, Offering 8% APY
Trending news
MoreCrypto prices
More
