Skip to main content

What is Gold on PRYPCO Mint?

Own real, physical gold — starting from AED 100 — without ever touching a bar. Buy, hold, and sell entirely through the PRYPCO Mint app, with no platform fee and no storage fee.


What backs your Gold investment

Every gram of Gold you hold on PRYPCO Mint is backed by real, allocated physical gold — represented digitally through PAXG (Paxos Gold), a regulated gold-backed token issued by Paxos Trust Company.

  • 1 full PAXG token = 1 fine troy ounce = approximately 31 grams of gold

  • Stored in LBMA-standard vaults in London

  • Held in custody by Paxos Trust Company

  • Independently audited every month by KPMG

You don't need to own a full token to start — any amount from AED 100 gives you a proportional share of allocated gold.


A simpler way to own gold

Traditional gold ownership comes with friction: premiums over spot price, storage logistics, insurance costs, and limited ability to exit quickly. Gold on PRYPCO Mint removes all of that.

  • No barriers to entry — start from AED 100, based on the live gold price

  • No ongoing costs — no platform fee, no storage fee

  • No lock-in — buy or sell anytime, 24/7


Important to understand

  • Gold prices can rise or fall — returns are not guaranteed

  • As with any investment, value depends on market conditions


FAQs

What is PAXG?

PAXG, also known as Paxos Gold, is a digital token that represents ownership of physical gold. Each full PAXG token represents one fine troy ounce of gold — approximately 31 grams — stored in LBMA vaults in London and held in custody by Paxos Trust Company.


How much Gold can I buy?

Gold can be purchased from AED 100, based on the live price of gold at the time of purchase. A full PAXG token represents approximately 31 grams of gold, but you don't need to buy a full 31 grams to start.


Do I own real gold?

Yes. The gold you buy on PRYPCO Mint is linked to physical gold stored in LBMA vaults in London and held in custody by Paxos Trust Company.


Is investing in Gold secure?

Yes. Gold on PRYPCO Mint uses blockchain technology, and the physical gold is stored in professionally managed LBMA vaults — giving you both transparency and security. PRYPCO Mint is also licensed by the Dubai Virtual Assets Regulatory Authority (VARA).


Is Gold the same as cryptocurrency?

No. PAXG is backed 1:1 by physical gold held in vaulted storage — it represents ownership in a real, physical commodity, not a speculative digital currency.


Is Gold the same as PRYPCO Mint's real estate product?

No. Gold and tokenized real estate are separate products with different minimums, eligibility, and liquidity.

Did this answer your question?