Daily Market Report
• Gold drops 0.75%, trades below $3,300 amid weaker demand and mixed global signals.
• China Q1 2025 gold demand down 5.96%; jewelry demand drops, bar/coin demand rises.
• Fed rate cuts expected, limiting USD gains and supporting gold.
• Lower yields limit downside for gold despite weak demand
• US-China trade tensions easing? China exempts some US imports, but talks unconfirmed.
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