EGU Weekly Digest | Gold price could rise another 50% under the next president

Review of EGU Price for the Past Week

The following is the daily gold price change of Everest Gold (from 19 October 2020 until 25 October 2020).

Statistics from the past seven days showed that the EGU prices have risen by less than 1% on four days and increased by 1% to 2% on one day. Over one day, the price increased between 3% to 4%. For the remaining days, the prices rose by more than 4%. This means that if the user trades on our platform with a fixed amount of 2,000 EGU each time, the capital will be about USD 1,224.40 and the accumulated revenue will amount to USD 128 in seven days. Thus, the user will be able to achieve an ideal return on investment of 10%! Seize more trading opportunities and earn a higher return on investment.

Market News Recap

The U.S. election remains the main focus of the market in recent weeks. According to an analysis by Bloomberg Intelligence, gold could rise another 50% under the next U.S. president. The analyst told Kitco News that gold is in a bull market and still has a lot of upside potential. Gold is at its highest level since 2011. Therefore, gold prices will still remain positive in the long run.

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