EGU Price Watch (24 July) | International gold prices continued to rise

As of July 24, 2020 at 9am, the price of EGU traded on Everest Gold platform surged to US$0.6350. Due to our announcement of new EGU issuance on July 31, 2020, the price of the EGU continued to decline, with the price of each EGU at US$0.6239 as of 11pm. Users are advised to take large positions when gold prices are low. Recent international gold prices continued to rise, with prices breaking through US$1900/oz. Thus, users can continue to buy EGU when the gold prices fall, or hoard the EGU that they have already bought until the gold prices rise and then close at the higher position. Of course, users can also wait for Everest Gold to release more EGU. But users also need to consider, the price on July 31, 2020 may not be lower than now, due to the recent surge in international gold price. For more details on our next second Gold Subscription Event, please click here.

Related Posts

EGU Weekly Digest | Economic Data And Rising Covid Delta Infections Push Gold Higher

Review of EGU Price for the Past Week The following is the daily gold price change of Everest Gold (from 1 to 11 July 2021).  Statistics from…

EGU Monthly Report | Gold continues downward slides as concerns over monetary policy increases

Review of EGU Price for the Last MonthStatistics from the past 30 days showed that the EGU prices have risen by less than 1% on 26 days…

EGU Weekly Digest | Gold Prices Drops Due to Proposed Fed Rate Hikes

Review of EGU Price for the Past Week The following is the daily gold price change of Everest Gold (from 14 to 20 June 2021).  Statistics from the past week showed…

EGU Weekly Digest | Gold hovered at USD 1,900, buoyed by ECB decision and US inflation

Review of EGU Price for the Past Week The following is the daily gold price change of Everest Gold (from 7 to 13 June 2021).  Statistics from the past week showed…

EGU Weekly Digest | Gold hits past USD 1900 as supported by a rise in US consumer prices

Review of EGU Price for the Past Week The following is the daily gold price change of Everest Gold (from 1 to 6 June 2021).  Statistics from the past 6 days showed…

EGU Monthly Report | Gold concludes its fourth weekly gain for May; edging closer to USD 1900 an ounce

Review of EGU Price for the Last MonthStatistics from the past 31 days showed that the EGU prices have risen by less than 1% on 22 days…