Two figures carried the week on the dealer floor: Swiss watch exports turned positive at plus 9.6% for July while gold refused to sit down at $4,530 an ounce. Pandora and the luxury majors added retail numbers that stopped the spring bleeding.
Gold came off a $4,400 open to settle near $4,354, diamonds printed their first constructive month in over a year, and the Swiss June read s…
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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…
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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…
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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