Watches

Rolex Hikes Watch Prices by as Much as 8% After Gold Surges

  • Prices for Rolex models rise as much as 8% to start the year
  • Rolex prices reflect currency values and raw material costs
WATCH: Luxury watch brand Rolex is raising its prices. Andy Hoffman reports.Source: Bloomberg

Rolex SA, the biggest luxury Swiss watch brand, raised prices on some of its most popular models after gold values surged in 2024.

The Geneva-based company, controlled by a Swiss foundation named for its co-founder Hans Wilsdorf, began the year by hiking prices as much as 8% on some models made from precious metals.