Daily Morning Analysis Report – Thursday – 16/04/2025

Gold Fundamentals and News:

• Trump delays tariffs for 90 days, hints at auto levy exemptions.
• Electronics excluded, but 145% tariffs remain on other Chinese goods.
• New tariffs on semiconductors, pharma expected soon.
• China hits back with 125% tariffs on US goods.
• Trade war fears hurt sentiment, boost gold.

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