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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
2 July 2019, 03:00 AM
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#1 |
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"TRF" Member
Join Date: Oct 2017
Location: Middle America
Posts: 1,085
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Value of Gold and Rolex Price Increases
I have noticed certain correlation. Rolex held off price increases for a few years now as Gold made its way down below 1200 an ounce.
Now we see it firmly above 1400, and I am thinking that a Rolex price increase is finally at hand. |
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2 July 2019, 03:04 AM
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#2 |
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"TRF" Member
Join Date: Jan 2016
Location: florida
Posts: 146
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thanks mcgyver
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2 July 2019, 03:09 AM
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#3 |
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"TRF" Member
Join Date: Mar 2019
Location: Geneva
Posts: 130
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If they do imo it would mostly be to juice the grey market price of SS.
The last thing Rolex wants is the optics of barren SS shelves at the AD at the same time the SA leads you over to the PM models and says "enjoy the price increase, but you can walk out with it on your wrist today. Isnt that lovely? Mastercard or Visa?" Rolex is smart. They will wait until the Submariner gets updated. Then they will jam a $ increase across the board. So they can jump the SS grey market premium. 
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2 July 2019, 04:46 AM
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#4 | |
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"TRF" Member
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
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Quote:
 Spot gold fluctuates daily, Rolex buys gold and likely hedges their purchases. Also the amount of gold in a watch is a mere fraction of the cost. Could they raise prices? Yes but they already cannot supply stainless steel no point in driving people further from precious metals.
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IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
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2 July 2019, 04:57 AM
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#5 |
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Banned
Join Date: Jul 2017
Real Name: Jaime
Location: Here
Posts: 5,606
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Profit margins are plenty healthy on full gold and platinum pieces. No doubt.
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2 July 2019, 05:00 AM
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#6 | |
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"TRF" Member
Join Date: Sep 2012
Location: Dubai
Posts: 1,448
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Quote:
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2 July 2019, 05:33 AM
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#7 |
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2024 SubLV41 Pledge Member
Join Date: Jan 2013
Location: Miami
Watch: me lose count.
Posts: 5,883
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I bet Rolex has its whole basement full of gold. They’re likely unconcerned with short term fluctuations
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♛ 218206 Roman ♛ 116689 ♛ 126710BLRO ♛ 16520 white ♛ 16523 white ♛ 16610 ♛ 5513 Birth Year - ✠ Patek Philippe 5980/1R-001 - AP 26331ST Panda - Panerai Bronzo 671 & 111, Ω Speedmaster 1957 Broad Arrow, Cartier Santos XL - Montblanc TimeWalker Chrono 41 |
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2 July 2019, 10:21 PM
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#8 |
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"TRF" Member
Join Date: Aug 2011
Real Name: Josh
Location: Lost in time
Watch: Me Nae Nae
Posts: 9,823
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Not sure if there is a correlation between golf prices and Rolex prices. But man... who knows!?!
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"Sometimes the songs that we hear are just songs of our own." -Jerome J. Garcia, Robert C. Hunter 
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2 July 2019, 10:34 PM
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#9 |
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"TRF" Member
Join Date: Apr 2012
Location: New Jersey
Posts: 4,220
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Gold has four letters, Rolex has five, and silver has six. Silver is the next new investment!
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