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750 tons of Iranian military weapons discovered in the Red Sea! How will the geopolitical storm stir up the gold market after the Houthi armed supply line is cut off?
- July 18, 2025
- Posted by: Macro Global Markets
- Category: News
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On July 17, 2025, during a patrol mission in the Red Sea, Yemeni security forces intercepted a cargo ship flying the Liberian flag, carrying 750 tons of weapons that caused a global shock. According to the on-site video and list released by the Yemeni authorities, this batch of weapons includes advanced equipment such as naval missile systems, air defense radars, attack drones, and anti armor missiles. Some of the weapons’ Persian language manuals and Iranian Ministry of Defense affiliated enterprise logos directly point to their sources. Tariq Saleh, a member of the Yemeni Presidential Leadership Council, explicitly stated in a statement that these weapons are “starting from Iran and aimed directly at the Houthi armed forces”, and emphasized that their tactical value far exceeds the needs of the Yemeni civil war, implying that they may be used in broader regional conflicts.
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Trump uses’ renovation door ‘to pressure Powell, Federal Reserve urgently refutes rumors!
- July 14, 2025
- Posted by: Macro Global Markets
- Category: News
On July 13th local time, US President Trump once again publicly demanded the resignation of Federal Reserve Chairman Powell, citing a $700 million overspend on the renovation project of the Federal Reserve headquarters, and hinted that he would dismiss him through legal means. This event, known as the “renovation door” by the market, has caused a global financial market shock. The Federal Reserve issued a statement overnight clarifying that the renovation project is a necessary maintenance and has nothing to do with policy. The spot gold price rose to $3372.49 per ounce in the Asian session on July 14th and then fell back, eventually rebounding to around $3370. Market risk aversion and policy games intertwined, and short-term fluctuations in gold intensified.
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