The quarter closed the way it traded all month, with gold down roughly 14% since March and bullion near $4,030. Watches of Switzerland booked a record $2.4 billion year, De Beers reported US natural-diamond spending up 25%, and Patek kept pulling away from Rolex on the secondary market.
Gold posted a fourth straight weekly decline near $4,000 as the watch market drowned in record listings, India became the world's second-lar…
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Gold logged its lowest Friday close in 30 weeks as Warsh stayed hawkish, Swiss watch exports edged up 0.4 percent on a 12.3 percent US gain,…
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A trade week of two structural events: the Wednesday FOMC dot plot revision that drove spot gold below 4,200, and the loss of Philippe Stern…
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Phillips New York XIV cleared $75.8 million Saturday on the back of a $13.9 million F.P. Journe record, gold settled at $4,308 on a second s…
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The trade week ending June 12, 2026 reset three clocks. Gold spot punched below $4,250 after a hot May payrolls print sent the implied Decem…
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JCK Vegas closed with 17,500 attendees, Signet raised fiscal 2027 guidance after a Q1 EPS beat, and gold gave back $119 from its $4,585 JCK …
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Spot gold dropped below 4400 Thursday before recovering to 4470, Phillips Geneva XXIII hammered CHF 74.8M with 43 world records, Christie's …
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Phillips Geneva XXIII closed at $96.3 million, the highest-grossing watch auction in history, with a 1953 Patek 2523 South America at $10.2 …
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Four headlines moved the trade this week. Swiss watch exports closed Q1 up 1.4 percent. Spot gold pushed above 4,700 dollars an ounce. Rapap…
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Swiss watch exports closed Q1 2026 at CHF 6.2 billion, up 1.4 percent year-over-year despite February's 9.2 percent surge. De Beers averaged…
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Swiss watch exports posted CHF 6.2 billion in Q1 2026, up 1.4% year-over-year, but March fell 1.0%. Gold closed April 30 at $4,642/oz after …
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Swiss watch exports fell 1% in March with Saudi -16.8%, Qatar -25%, UK +3.2%, and gold-steel two-tone running +17.8% by value. Diamonds stab…
Read article →The Market Wrap distills each week's most important developments across the jewelry and watch trade into one actionable briefing — covering gold prices, diamond market shifts, Swiss watch exports, and retail trends that shape dealer and collector decisions.
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