Perth Mint Gold Token

Perth Mint Gold Token Price Today

Price PMGT to USD now is $1.895.14. Trading volume by 24-hours $1.192. Perth Mint Gold Token, which_ranked #1457 price is up 0.19% in the past 24-hours. Perth Mint Gold Token has circulating supply of $0 and have $2.265,063 capitalization. In additional, total supply is $1.195.

Highest price for Perth Mint Gold Token

The all-time high price of PMGT is $2.177.72, the record was set on the 0.

Lowest price for Perth Mint Gold Token

PMGT all-time low price is $0.039, the record was set on 0.

How much has the price of Perth Mint Gold Token changed lately?

7 days ago the price was $1.905 , this changed the PMGT price by 0.52259%

14 days ago the price was $1.959 , this changed the PMGT price by 3.34644%

30 days ago the price was $1.938 , this changed the PMGT price by 2.26782%

60 days ago the price was $1.975 , this changed the PMGT price by -4.18803%

1 days ago the price was $1.899 , this changed the PMGT price by -0.21048%

What is Perth Mint Gold Token

Perth Mint Gold Token (PMGT), launched in October 2018, is an ERC20 token developed and issued by Trovio (formerly InfiniGold). Each unit represents 1 fine troy ounce of physical gold securely stored in The Perth Mint's central bank grade vaults. PMGT is transferable peer to peer, and enables a smart contract proving your title of gold held at the Perth Mint. PMGT is 100% backed by gold held and stored in The Perth Mint’s central bank grade vaults, where the weight and purity of every ounce is guaranteed by the Government of Western Australia. This makes PMGT the first gold-backed token on a public blockchain whereby the physical gold is government guaranteed. As PMGT is a tokenised version of GoldPass certificates backed by physical gold held in The Perth Mint’s inventory, the issuance of PMGT can seamlessly scale up to billions of dollars’ worth of tokens. Free of recurring storage or management fees, PMGT offers institutional investors a competitive alternative to traditional gold products, with the additional benefits of real-time 24/7 trading, a cryptographically secure instant settlement enabled by blockchain technology, and fewer intermediaries.