International News
MCX Gold at fresh high; Trump tariffs drives gold prices to record high
MCX Gold prices rose to a fresh record high in the morning session on Tuesday, February 11, supported by concerns over US President Donald Trump’s aggressive tariff policies. MCX Gold for April 4 contracts jumped to a record high of ₹86,360 per 10 grams. Around 11:35 AM, the yellow metal was 0.12 per cent up at ₹85,923 per 10 grams on the MCX.
International gold prices topped the key $2,900 level for the first time, driven by safe-haven demand amid heightened concerns over a trade war. Comex Gold jumped to a record high of 2,968.50 level.
Trump imposed a 25 per cent tariff on steel and aluminium imports on Monday, stoking fears of a trade war. Geopolitical uncertainty and aggressive buying by central banks have boosted gold prices of late.
International News
Paraíba Necklace To Headline Bonhams Paris Auction
81.17-Carat Cushion-Cut Neon- Blue Paraíba Tourmaline, Set In An Openwork Diamond Mount.
Bonhams will lead its October 29 Fine Jewellery sale in Paris with a Kat Florence necklace centered on an 81.17-carat cushion-cut neon-blue Paraíba tourmaline, set in an openwork diamond mount. The piece carries an upper estimate of EUR 80,000 ($89,469).
The sale will include more than 180 lots, with jewelry from Cartier, Chaumet, and Buccellati, plus colored gemstones including sapphires, rubies, and emeralds. Among the highlighted lots are a Chaumet 13.70-carat Sri Lankan sapphire ring, estimated at EUR 45,000–65,000, and a Cartier 11.50-carat Madagascar sapphire ring, estimated at EUR 40,000–60,000.
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