{
    "success": true,
    "data": {
        "id": 1731223,
        "msgid": "global-wealthy-elites-shun-gold-hoarding-shift-investments-to-these-items-1778492608",
        "date": "2026-05-11 15:00:18",
        "title": "Global Wealthy Elites Shun Gold Hoarding, Shift Investments to These Items",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Investment",
        "summary": "The global luxury collectibles market is stabilising after a post-pandemic boom and correction, with the Knight Frank Luxury Investment Index dipping only 0.4% in 2025, as wealthy collectors prioritise rarity, historical provenance, and cultural value over trends. Impressionist art led the gains with a 13.6% rise, driven by high-profile auctions like Gustav Klimt's Portrait of Elisabeth Lederer fetching US$236.4 million, while luxury watches and select handbags also performed well amid a more selective investment approach. This shift highlights growing interest from younger investors via fractional ownership platforms, potentially broadening access to high-value assets.",
        "content": "<p>The trend in luxury goods investment is shifting after price\ncorrections in several collectible assets over the past two years.\nWealthy collectors are now more selective, seeking items deemed rare,\nwith strong ownership history, and high cultural value.<\/p>\n<p>The latest Knight Frank Wealth Report 2026, cited from Gulf News,\nreveals that the luxury collectibles investment market is moving towards\ngreater rationality after surging during the pandemic. Collectors are no\nlonger merely chasing trends but focusing on scarcity, quality, and\nhistorical value of assets.<\/p>\n<p>Knight Frank notes that the Luxury Investment Index fell only\nslightly by 0.4% in 2025. This figure is seen as indicating market\nstabilisation after many luxury asset categories previously experienced\nmajor price adjustments.<\/p>\n<p>Impressionist art became the best-performing category in 2025 with a\n13.6% increase. This surge was driven by major auction results,\nincluding Gustav Klimt\u2019s painting Portrait of Elisabeth Lederer, which\nsold for US<span class=\"math inline\">236.4<em>m<\/em><em>i<\/em><em>l<\/em><em>l<\/em><em>i<\/em><em>o<\/em><em>n<\/em><em>o<\/em><em>r<\/em><em>a<\/em><em>p<\/em><em>p<\/em><em>r<\/em><em>o<\/em><em>x<\/em><em>i<\/em><em>m<\/em><em>a<\/em><em>t<\/em><em>e<\/em><em>l<\/em><em>y<\/em><em>R<\/em><em>p<\/em>3.8<em>t<\/em><em>r<\/em><em>i<\/em><em>l<\/em><em>l<\/em><em>i<\/em><em>o<\/em><em>n<\/em>(<em>a<\/em><em>s<\/em><em>s<\/em><em>u<\/em><em>m<\/em><em>i<\/em><em>n<\/em><em>g<\/em><em>a<\/em><em>n<\/em><em>e<\/em><em>x<\/em><em>c<\/em><em>h<\/em><em>a<\/em><em>n<\/em><em>g<\/em><em>e<\/em><em>r<\/em><em>a<\/em><em>t<\/em><em>e<\/em><em>o<\/em><em>f<\/em><em>R<\/em><em>p<\/em>16,\u2006300\/<em>U<\/em><em>S<\/em><\/span>),\nmaking it one of the most expensive modern artworks ever auctioned.<\/p>\n<p>In addition to impressionist art, modern art rose 7.1%, post-war art\ngrew 5.2%, and the top 100 artists category increased 3.6%. Meanwhile,\nEuropean Old Masters works rose 1.7%, showing that collector interest\nremains high in rare and high-quality pieces.<\/p>\n<p>In the luxury watch category, prices rose 5.1%, driven by strong\ndemand for Patek Philippe Aquanaut and Nautilus models, as well as the\nmarket resilience of Rolex. Knight Frank states that watches are now one\nof the most watched luxury investment instruments among global\ncollectors.<\/p>\n<p>Knight Frank\u2019s global research head, Liam Bailey, said the luxury\ngoods investment market is now entering a more selective phase after\npreviously experiencing rapid surges and corrections.<\/p>\n<p>\u201cCollectors are increasingly prioritising scarcity, provenance, and\ncultural resonance,\u201d Bailey said.<\/p>\n<p>Meanwhile, classic cars faced pressure. Classic car values fell 3.7%\nthroughout 2025, although certain models like the Ferrari F50 still have\nhigh demand in major auctions in the United States and Europe.<\/p>\n<p>A new trend is also evident in the second-hand luxury goods market.\nCollectors are now more interested in items with strong history and\ncultural value.<\/p>\n<p>Knight Frank cites the personal Herm\u00e8s Birkin bag owned by Jane\nBirkin, which sold for US$10.1 million or approximately Rp164 billion at\nauction. Luxury handbags became one of the most stable categories\nthroughout 2025, with value declining only 0.2%.<\/p>\n<p>On the other hand, rare coloured diamonds fell just 1% over the past\nyear, while blue diamonds saw price increases in Q4-2025.<\/p>\n<p>Knight Frank also notes that more investors under 40 years old are\nentering the luxury collectibles market through fractional ownership\nplatforms. This scheme allows investors to buy partial ownership of\nexpensive assets such as artworks, classic cars, or watches without\npurchasing them outright.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/global-wealthy-elites-shun-gold-hoarding-shift-investments-to-these-items-1778492608",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}