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.