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The price of Rolex watches are increasing. Here’s why

Rolex sign "Berlin, Germany - May 17, 2012: Rolex sign outside a store on Kurfurstendamm in Berlin. Rolex is a Swiss watchmaking manufacturer of high-quality luxury wristwatches." (LordRunar/Getty Images)

U.S. — Prices to continue to rise on just about everything.

If you are someone with expensive taste and like to wear Rolex watches for example, you should know they are becoming more expensive to purchase in 2025, officials say.

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This is due to the price of gold rising after central banks around the world cut rates last year.

In 2025, Rolex gold watches cost as much as 14% more in comparison to 2024.

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If you’re looking for a more affordable option, the steel models are up about three percent, CNN reports.

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