Rolex Watch considered better Investment than Gold and Stock exchange.

Derick KE
Dec 26, 2022

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Rolex watch prices on the secondary market rose dramatically in the first few months of 2022 before somewhat declining toward the end of the year. But during the past ten years, the Rolex’s value as an investment has outpaced that of other assets like gold and the stock market. About 25% of site searches on Chrono24, a well-known luxury watch marketplace, are for Rolex watches. Chrono24 is backed by French billionaire Bernard Arnault, who will surpass Elon Musk as the richest person in the world in 2022. Four fifths of the watches sold on the marketplace are pre-owned, and about 14% of them are Rolexes. Rolex watch prices on the secondary market rose dramatically in the first few months of 2022 before somewhat declining toward the end of the year.

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Derick KE
Derick KE

Written by Derick KE

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