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MCX Gold at fresh high; Trump tariffs drives gold prices to record high

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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.

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CONVERGENCES: The New Geography Of Jewelry and Adornment At Wynn Las Vegas

Event Explores A Pivotal Cultural Shift: A Return To Intentional Spending Where Substance, Credibility, and Long-Term Relevance Dictate Consumer Choices

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As global economic pressures, surging gold prices, and shifting consumer priorities redefine the luxury landscape, industry trailblazers will gather for CONVERGENCES: The New Geography of Jewelry and Adornment. This highly anticipated panel discussion will take place on Friday, May 29, 2026, at 8:30 AM in the Convention Center Lounge at the Wynn Las Vegas.

Presented by Paola De Luca, Co-Founder & Creative Director of Trendvision J+F, the event explores a pivotal cultural shift: a return to intentional spending where substance, credibility, and long-term relevance dictate consumer choices. In this new era, gold and precious materials are transcending their traditional roles, regaining strategic importance as both deeply rooted symbols of heritage and vital, tangible assets.

To dissect this changing landscape, De Luca will host an dynamic, multi-disciplinary conversation featuring a panel of esteemed international industry experts:

  • Archana Thani – Celebrated Jewellery Consultant & Curator
  • Castro Smith – Renowned Hand Engraver and Jeweller
  • Emily Wansbrough – Buying Manager for Fine Jewelry & Watches at MyTheresa

Together, the panelists will bridge the worlds of curation, master craftsmanship, and global luxury retail to map out the new geography of adornment. Attendees can expect deep insights into emerging consumer behaviors, the economic resilience of precious materials, and the future of design.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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