"Solid gold watch with metal bracelet."
Put it on a hand display in the bedroom of the 3rd floor apartment
Apartment building on Lansdale Avenue, 3rd floor apartment, in the box under the bed frame.
Silent Hill: Downpour
The Gold Watch is an item used in the Stolen Goods sidequest in Silent Hill: Downpour. It is found in the thief's apartment on Lansdale Avenue. The watch belongs in the same apartment as a locket. It must be placed on a hand display in the bedroom. In its absence, loud ticking of a watch will be heard.