Christie’s and Sotheby’s sold a combined $95 million in Geneva auctions of watches, gems and wine this week as the rich seek rare objects to hedge against inflation. Aleks Paul, a Russian gem dealer in New York, spent 13 million francs at Christie’s, hauling off a 62-carat flawless pear-shaped diamond and two other lots. That’s more than a third of the total sale. His clients are based in Russia, China and the Middle East, he said.