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On July 1, ahead of Federal Reserve Chairman Kevin Walsh's speech at the European Central Bank forum in Portugal, gold prices fell back below $4,000 per ounce. Analysts at Saxo Bank stated, "The market has not attracted enough buying interest to establish this level as a support point." They also noted, "Gold prices dropped 14% in the second quarter, marking the worst quarterly performance since 2013, as investors continue to reflect the risk expectations that the Federal Reserve may tighten policies further due to rising inflation, despite recent declines in energy prices." In early trading in European markets, New York futures gold fell 1.6% to $3,974 per ounce. Meanwhile, the dollar index rose 0.2% to 101.37, making dollar-denominated commodities more expensive for overseas buyers.

```htmlAccording to Jinse Finance, on July 1, before Federal Reserve Chairman Kevin Walsh delivered his speech at the European Central Bank Forum held in Portugal, gold prices fell below $4,000 per ounce. Analysts from Saxo Bank stated: "The market has not attracted enough buying interest to establish this level as a support." They also mentioned: "Gold prices declined by 14% in the second quarter, marking the worst quarterly performance since 2013. As investors continue to reflect the risk expectations that the Federal Reserve may further tighten policy due to rising inflation – despite recent energy price declines." In early European trading, New York gold futures fell 1.6% to $3,974 per ounce. Meanwhile, the US Dollar Index rose 0.2% to 101.37, making dollar-denominated commodities more expensive for overseas buyers.```

Investment projects include the construction of a new supplier facility in Offenbach, Germany, as well as the expansion of two existing factories in Frankfurt. Construction is scheduled to begin in July this year, and the supplier facility is expected to become operational in the spring of 2027. This investment project will create 700 new jobs by the end of 2030.