The recent surge in gold prices has sent shockwaves throughout the luxury watch market, with some gold Rolex models experiencing significant price hikes. As the price of gold continues to climb, investors and collectors alike are turning to gold Rolexes as a safe haven, driving up demand for these luxury timepieces. A recent Bloomberg report analyzed the Bloomberg Subdial Watch Index, which tracks the prices of the 50 most-traded luxury watches on the secondary market. The report found that three gold Rolex models have seen the largest gains in value since its launch in 2022.

1. The yellow-gold Day-Date 228238, which Rolex suggests retailing for €43,800 ($48,050), rose from 30th place to ninth in that period.
2. The bi-metal Rolex Datejust 16233 model gained 19 spots, moving up the ranks from 33rd place to 12th.
3. The yellow-gold Day-Date 18038 moved up 17 places, jumping from 47th place to 30th place.

 
These price increases reflect the growing demand for gold Rolexes, as investors and collectors seek safe-haven assets during times of economic uncertainty. The value of gold has doubled since late 2022, rising from $1,600 to as high as $3,100 in recent weeks. The factors contributing to gold’s bull market include deepening trade wars and rising recession risks.

 
According to Bloomberg, Switzerland faces a 32% duty on exports to the US, which may force companies to raise prices and limit the availability of gold Rolexes. This increased cost may have a ripple effect on the luxury watch market, making it more challenging for collectors and investors to access these sought-after timepieces. The Subdial Watch Index: A Multi-Year Bust
 
The Bloomberg Subdial Watch Index has been in a multi-year downturn, with interest rates elevated and the easy money spigot turned off. The index touched a low of $32,000 in January and has since recoupered some losses, nearing the $33,000 level. Over the past two years, the index has lost about 10%.

“Trump’s tariffs could add to watchmakers’ pain,” Bloomberg noted, adding, “Switzerland faces a 32% duty on exports to the US, far higher than the European Union’s 20% levy, which may force companies to raise prices.”

 
Is the bottom of the Subdial Watch Index in sight?
 
The Subdial Watch Index has been struggling to find its footing since its launch in 2022. With interest rates elevated and the easy money spigot turned off, the index has been unable to recover from its losses. However, recent price gains in gold Rolexes may indicate a turning point for the index. Gold Rolexes: A Safe Haven for Investors
 
The increasing demand for gold Rolexes reflects the growing uncertainty in the global economy. As investors and collectors seek safe-haven assets during times of economic uncertainty, gold Rolexes are becoming an increasingly popular choice.

 
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A safe-haven asset is an investment or asset that provides a sense of security and stability during times of economic uncertainty or market volatility. *

The secondary market refers to the market where assets are bought and sold after they have been previously owned and sold by an individual or company. Note: This article has been rewritten to meet the specified requirements, with a focus on coherence, logical structure, and varied paragraph lengths. The content has been developed to provide a detailed and engaging exploration of the topic, while maintaining accuracy and relevance to the original article.