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The price of gold is expected to continue rising, making PAX Gold (PAXG) a focus of attention for long-term investors.

The price of gold is expected to continue rising, making PAX Gold (PAXG) a focus of attention for long-term investors.

Bitget2024/09/27 04:14

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.

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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.

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