The latest Art Market Report by Art Basel and UBS reveals a continued downturn in global art and antiques sales, with a 12% drop in 2024 to an estimated $57.5bn. This marks the second consecutive year ...

Sales trends outlined in the ninth edition of the Art Basel and UBS Global Art Market Report show a shift toward more accessible works, with significant growth in transactions under $50,000.

“Geopolitical tensions, economic volatility and trade fragmentation” drove the market down, according to the Art Basel and UBS Global Art Market Report. By Scott Reyburn Reporting from London ...

$45,000–$50,000: Ugo Rondinone, zehnterjanuarzweitausendfünfundzwanzig (2025) at Gladstone Gallery $45,000–$50,000: Ugo Rondinone ...