[Spot Gold Falls Below the $4,000 Mark] Jin10 News, July 14 – Spot gold continues to decline, breaking below the $4,000/ounce threshold for the first time since July 1, with an intraday drop of over 2.8%. Earlier, U.S. President Trump announced the reinstatement of sanctions on Iran, and Federal Reserve's Waller stated that interest rate hikes might be necessary in the short term.