Spot gold slid below $4,000/oz for the first time since July 1, falling more than 2.8% intraday after President Trump said he would restart a blockade against Iran and Fed governor Christopher Waller warned rates may need to be raised in the near term.

The Saudi-led coalition said on the evening of July 13 its air defenses engaged ballistic missiles fired by Yemen’s Houthi movement toward southern Saudi Arabia. Earlier, Sanaa International Airport, controlled by the Houthis, was hit in an airstrike; the Houthis accused Saudi forces and vowed retaliation. Yemen’s defense ministry said the strike targeted a senior Houthi delegation that had attended a funeral for Iran’s slain supreme leader Khamenei to prevent them boarding an Iranian plane to return home.

也門總統：我已下令不擴大對抗範圍，以免伊朗將也門拖入爲其利益服務的戰爭目標得逞。