Daily Market Report
• Gold slides to $3,300, extending decline from $3,500 high on fading safe-haven demand.
• Trump signals tariff de-escalation with China; boosts trade deal hopes.
• Trump backs off plan to fire Fed Chair Powell, easing policy uncertainty.
• Geopolitical tensions ease as Russia–Ukraine show openness to peace talks.
• Investor confidence improves, prompting profit-taking in gold.
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