Gold prices continue to climb as investors seek the safe-haven metal in anticipation of the potential impact of US reciprocal tariffs. Spot gold reached a record high of $3,148.88/oz on Tuesday. The main reason for the successive record highs is safe-haven buying due to geopolitical uncertainty. Gold is also benefiting from strong central bank demand, expectations of interest rate easing by the Federal Reserve, and increased flows into gold-backed exchange traded funds. The market is awaiting the ADP employment report and non-farm payrolls due later in the day.