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 million. Gold held $4,703, central banks bought 244 tonnes in Q1, and Signet trimmed the brand portfolio ahead of Richemont's May 22 print.
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…
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Gold stayed historically elevated, Swiss watch exports bounced, Geneva set the tone, India exports flashed a warning, and diamonds kept sepa…
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Gold holds $4,750 after wild swings, Signet closes 100 stores, natural diamond prices fall 11.5%, and Watches and Wonders Geneva opens Monda…
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The Iran conflict is repricing gold in real time, Watches and Wonders 2026 is nine days out, and Saks Global is reshaping vendor relationshi…
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De Beers cuts 30% of sightholders. Gold sits 23% off its January peak. Swiss watch exports bounce 9.2%. Lab-grown bridal units up 22.4%. And…
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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