Rolex Prices Dropping. Meanwhile the price of gold has since slowly depreciated after shooting upwards on monday and is now down 3 4. The rolex bubble may not be bursting but it sure is leaking air.
In short the price of the rolex has dropped 4 5k in six weeks. At the other end of the scale the platinum cosmograph daytona is oops. Falling demand in asia will allow rolex to restock rolex deficient dealers elsewhere in the world.
Bitcoin prices have also fallen by over 9.
The rolex bubble may not be bursting but it sure is leaking air. The coronavirus outbreak does not mean rolex will roll back its recent price hikes the swiss watchmaker got where it is today by building superb timepieces and carefully controlling the supply demand equation. In short the price of the rolex has dropped 4 5k in six weeks. Rolex prices hold.