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You could be paying more for a new Rolex watch at an authorized dealer — if you can find one in stock, Meanwhile, used Rolex prices fell across the globe, continuing a trend that began in 2022.
The price of Rolex watches increased by up to 8% on January 1, as the price of gold continues to surge.
Rolex SA, the largest luxury Swiss watch brand, increased prices on some popular models due to surging gold values in 2024.
For instance a gold Day-Date 40-mm with black dial that went for approximately $42,250 last year now will cost you $45,809, according to Rolex’s website. A gold GMT-Master II that went for $ ...
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Rolex has a history of annual price hikes, with the increasing cost of gold being a major factor in its strategy. Just in ...
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Another model, the GMT-Master in yellow gold, is priced at $43,300 on Rolex’s website, a nearly 7% increase. Rolex declined CNN’s request for comment, but the luxury watchmaker annually ...
Rolex watches, which aren’t known for their affordability, are getting even more expensive this year with the soaring price ...
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