EGU Weekly Digest | Gold prices will continue to rise amid geopolitical uncertainty

1) Review of EGU Price Change

The following is the daily gold price change of Everest Gold (from 31 August 2020 until 6 September 2020).

According to the statistics for the past 7 days, EGU prices have risen by less than 1% on one of the days and increased by 1% to 2% on two other days. For the remaining days, the prices increased between 2% to 3%. Statistics have shown that if the user trades on our platform with a fixed amount of 2,000 EGU each time, the capital will be about USD 1,304 and the accumulated revenue will amount to USD 174 in 7 days. This means that the user will be able to achieve an ideal return on investment of 13.34%! Seize more trading opportunities and earn higher return on investment.

2) Review of Market News

Last week, the international gold price was affected by the rise in US dollars and the pace of its rise has been cushioned as a result. Nonetheless, the value of gold has remained resilient and stayed above USD 1,900. Investors can continue to keep an eye on the development of geopolitical situations in the United States, China and India because risk events will be key factors influencing the near-term international gold price trend.

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