Louis Erard Unveils the Limited-Edition Gravée Main

Since 2021, Louis Erard has been redefining the boundaries of Métiers d’Art, from Grand Feu enamel and guilloché to wood marquetry, and soon, gold wire inlay. Now, Gravée Main opens a new chapter, paying tribute to one of the oldest crafts in watchmaking hand engraving.
Gravée Main represents a new milestone in Louis Erard’s Métiers d’Art series. This limited edition of 99 unique timepieces places hand engraving at center stage, with every metal element entirely engraved and finished by hand, a meticulous process that requires more than 50 hours of work.

Home

News For the Second Time This Year, Rolex is Raising the Prices of Its Watches

The Increase Only Affects Gold Watches, Driven by the Rise in Prices of the Precious Metal in Global Markets

ByWaqt

05.06.2024

2 minutes read

Add To Favorite

We’re halfway through 2024, and Rolex is raising their prices again, despite having done so at the start of the year when they increased prices in the United Kingdom and USA.

Now, for the USA market only, it is likely this will affect the whole world. This latest round of price rises only affects a particular selection of Rolex models, specifically the golden references. So far, the prices of steel watches remain unchanged.

On average, precious metal Rolexes have seen a 4% price increase on top of the 4% increase in January, designed to cover the fact that gold itself has seen a 17% price increase since the start of the year.

Gold prices are expected to remain high throughout 2024, driven by ongoing economic uncertainties, strong central bank purchases, and sustained investor demand.

As we covered in Watches and Wonders 2024, Rolex introduced many new watches. Among them are some made of gold, such as the Deepsea in Yellow Gold for the first time and the Sky-Dweller, which now comes with a Jubilee Bracelet.