Gold Fundamentals and News:
• Sellers active for the second day, but factors limit significant corrective slide from record highs.
• New 10% tariffs on imports, raising concerns about global economic impact.
• Increased expectations for rate cuts in June and four total cuts by year-end due to recession fears.
• 10-year US government bond yield falls below 4% for the first time in six months, weakening USD.
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