Five weeks of selling in gold finally broke on a soft jobs number, the Swiss June export book confirmed what dealer floors already felt, and the diamond side kept repricing itself in public. The four stories that moved the trade between June 30 and July 6.
The week gave the trade a rare clean read: gold pushed toward $4,200 on Iran talks and softer US labor data, the Rapaport 1-carat index stea…
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The week the diamond bleed finally stopped and gold refused to sit still. RAPI logged its first positive month since March 2025, spot bullio…
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The auction season closed at a record, Swiss June exports ran 11.2 percent higher, and the diamond index finally stopped falling. A dealer-f…
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Richemont ran 20% while LVMH slipped 5% on the same quarter, Swiss watch exports rose 11.2% in June, gold steadied above $4,000 after testin…
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Richemont's fiscal first quarter jumped 20% while LVMH's first half crawled 2% higher, Swiss watch exports ran 11.2% hotter in June, and gol…
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The two largest luxury groups split by twenty-five points inside five sessions: Richemont printed a 20 percent quarter while LVMH's hard-lux…
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Gold clawed back over $4,000 after its worst week since spring, Anglo American named a preferred bidder for De Beers, and Swiss watch export…
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Richemont ran up 20 percent while LVMH slipped 5, the auction rooms booked record watch numbers, and gold broke below $4,000 for the first t…
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Gold slipped below $4,100 on Iran and oil, then took it all back after a soft June CPI print, closing near $4,088. De Beers idled its Veneti…
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Gold slid under $4,100 after hawkish June Fed minutes, but Phillips booked a record $507m first half on the back of watches. De Beers cut it…
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The trade came out of the July 4 break with gold parked in the low $4,100s ahead of the FOMC minutes, De Beers opening its most consequentia…
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A soft June jobs print snapped gold's five-week skid, pushing spot back to $4,180 and dragging silver to a fresh record near $62.57. Under t…
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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