31
Economics6h 8m ago

Rolex increased the price of its gold watches by an average of 5% this month, adding a second annual increase to its major markets, including the United States, Hong Kong, and Britain.

Archive Window: 7 Days Left

United States, Hong Kong, Britain

Who
Rolex, Cartier (owned by Richemont), Eric Boneta of Boneta Inc., Mark Xu of WatchCharts, Simon Lazarus of Chrono Hunter, Zouheir Guedri of Data&Data
What
Rolex increased the price of its gold watches by an average of 5% this month, adding a second annual increase to its major markets, including the United States, Hong Kong, and Britain.
When
Fri, 12 Jun 2026 16:04:07 GMT · 6h 8m ago
Where
United States, Hong Kong, Britain ·
Why
Rising gold prices and currency fluctuations have contributed to the price increases by luxury brands like Rolex and Cartier.
The Frontline Impact

How this affects you

The luxury watch market, particularly for gold watches, remains robust with continued demand from wealthy clients, indicating a bifurcation in consumer spending where premium products maintain strong sales despite a generally muted luxury goods market.

Story chain

3 events in this thread

Verified Sources & Citations