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.