US in talks with Gulf allies on military action against Yemen Houthis — report

<p>I don't think there's any kind of appetite for a 'boots on the ground' kind of attack on the Houthis from the US but America is always happy to supply the bombs.</p><p>More destabilization in the Middle East would be a small tailwind for gold and oil. If Yemen proves it can truly disrupt oil shipping, it could be a genuine factor. </p>

This article was written by Adam Button at www.forexlive.com.