Global demand for high jewelry and luxury goods surged across both retail and auction channels in H1 2025. Christie’s reported a 29% YoY increase in sales from its luxury cluster, reaching $468 million, even as its overall sales declined 1% to $2.1 billion. The growth in luxury was fueled by strong jewelry sales, with nine of the top 10 lots sold in H1 belonging to this category. Christie’s also achieved auction records in Geneva and New York, where all jewelry lots offered were sold. According to Rahul Kadakia, Christie’s International Head of Jewelry, the luxury segment continues to attract younger buyers.