When you buy Gold on PRYPCO Mint, you're not buying a digital simulation of gold — you're buying a stake in real, allocated physical gold, held in professional vaults and independently verified every month.
Behind the scenes, this is powered by PAXG (Paxos Gold) — a regulated token issued by Paxos Trust Company, where each token represents one troy ounce of physical gold. You don't need to buy a full token. From AED 100, you own a proportional share of real, allocated gold — and your balance tracks the live gold price in real time.
What backs every gram you own
The underlying gold is stored in LBMA-standard vaults in London
Custody is held by Paxos Trust Company, regulated by NYDFS
Gold reserves are independently audited every month by KPMG
Backing is maintained at 1:1 at all times — regardless of how much you hold
How the gold gets there
Physical gold is sourced through LBMA-cleared channels, meeting the London Good Delivery standard — bars must be at least 99.5% pure gold, each with a unique serial number
Specific bars are allocated against token holdings — every gram is tied to a real bar in a real vault
PAXG tokens are issued against that allocated gold, with smart contracts ensuring 1:1 backing is maintained on-chain at all times
What this looks like for you
Buy Gold from AED 100, based on the live gold price at the time of purchase
Your balance is shown in grams and updates in real time as the gold price moves
Sell at any time — proceeds go straight to your PRYPCO Mint AED wallet
A simple example
Gold is priced at AED 200 per gram. You invest AED 2,000. You now own 10 grams of gold — roughly a third of a full PAXG token (which represents approximately 31 grams). If the gold price rises to AED 220 per gram, your 10 grams would be worth AED 2,200.
What Gold on PRYPCO Mint is not
A cryptocurrency used for speculation
An independent digital asset with no real-world backing
A guaranteed investment
Gold prices can fluctuate, and owning Gold does not eliminate investment risk.