# PAX Gold (PAXG) — machine-readable summary

> FORTUNA SIGNAL · FORA-01 evidence dossier · Researched 2026-09-15 · https://ron-delhaye-studios.github.io/fortuna-signal-live/tokens/paxg.html

## Definition
PAX Gold is a regulated, gold-backed ERC-20 token issued by Paxos Trust Company, where each token represents ownership of one fine troy ounce of LBMA-accredited London Good Delivery gold held in custody.

## What the holder owns (FORA-01 Q1)
Legal title to 1 fine troy oz of London Good Delivery gold per token, per issuer materials - verified as a terms statement; enforceability in practice unassessed.

## Verification verdict
Class B (Class B) — FORA-01 scale: verification, not a quality ranking.
q1 VERIFIED · q2 VERIFIED · q3 PARTIALLY VERIFIED · q4 PARTIALLY VERIFIED · q5 VERIFIED

## Plain-language utility
Digital ownership of physical gold — each token a claim on vaulted bullion.

## Key risks & notes
Research note: full whitepaper fetch was unavailable this session; summary grounded in the official whitepaper page and Paxos's public contract repository surfaced via search. Fully centralized: holders bear Paxos counterparty and custody risk. Exposed to gold price moves, redemption minimums/fees, and regulatory jurisdiction risk despite NYDFS trust-company oversight.

## Primary source
- https://www.paxos.com/pax-gold-whitepaper

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Machine summary generated at build time from the same fields as the human page. Free educational content — not investment advice.