Gold prices firmed on Tuesday, holding near a record peak hit in the previous session, as lingering U.S. tariff and inflation concerns boosted safe-haven demand, while focus was also on key jobs data due this week.

Gold futures added to all-time highs Tuesday, as investors continued to seek safe-haven assets after China retaliated with tariffs on the U.S. in response to President Trump's 10% tariffs on China. There's unease about what may happen,