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 consequential sight in years, and the secondary watch market quietly grinding higher. Here are the movers that mattered on dealer floors.
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…
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The quarter closed the way it traded all month, with gold down roughly 14% since March and bullion near $4,030. Watches of Switzerland booke…
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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…
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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