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 | The US fiscal stimulus proposal and uncertainties in vaccine rollouts support gold prices

Review of EGU Price for the Past Week The following is the daily gold price change of Everest Gold (from 18 to 24 January 2021). Statistics from the past seven…

EGU Weekly Digest | The Fed’s support and a large US fiscal stimulus boost gold’s appeal

Review of EGU Price for the Past Week The following is the daily gold price change of Everest Gold (from 11 to 17 January 2021). Statistics…

EGU Weekly Digest | Gold prices expected to continue climbing in 2021 as US dollar depreciates further

Review of EGU Price for the Past Week The following is the daily gold price change of Everest Gold (from 1 to 10 January 2021). Statistics…

EGU Monthly Report | Gold continues to rise as US approves stimulus package and US dollar weakens

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…

EGU Weekly Digest | Low yields, low interest rates and hopes for US stimulus are likely to support gold prices

Review of EGU Price for the Past Week The following is the daily gold price change of Everest Gold (from 14 December 2020 to 20 December…

EGU Weekly Digest | Gold anticipated to rise in 2021 as expectations of hefty US pandemic relief package outweigh optimism over vaccine

Review of EGU Price for the Past Week The following is the daily gold price change of Everest Gold (from 7 December 2020 to 13 December…