The 26 year-old, who joined the club at the beginning of the 2002/03 season, has provided extra options for the management team this season with his versatility between the back and second row positions.
Commenting on www.gloucesterrugbyclub.com Buxton said: "I've really enjoyed the last three years at Kingsholm and I'm looking forward to the future. I know the results haven't been there in the last few weeks, but the potential and ability of this squad is immense."
Buxton's new contract follows on from the earlier announcement that prop Terry Sigley has also pledged his future to the Kingsholm club.
"You only have to look at the likes of Mike Tindall signing for us and the new stand this season, which has taken us to a 13,000 capacity, to illustrate exactly where this club wants to be. All of this shows the level of ambition everyone has here."
Buxton has played in both the back and second row this season for the Kingsholm club and has enjoyed the different view points from both.
"I'm happy playing in both positions. There are different techniques required for the two positions, but I just want to play for the Gloucester Rugby Club."
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