Svmuu News: Gold prices fell back below $4,000 per ounce ahead of a speech by Federal Reserve Chairman Wash at the European Central Bank (ECB) forum in Portugal. Analysts at Saxo Bank stated, “The market has not yet attracted enough buying interest to establish this level as support.”They also noted: “Despite the recent pullback in energy prices, investors still expect the Federal Reserve to potentially tighten monetary policy further in response to a resurgence in inflation. As a result, gold prices fell 14% in the second quarter, marking their worst quarterly performance since 2013.” (Jin Shi)