14ct gold hallmarking climbs 60.1% in June

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Total UK hallmarking uplift of 15.6% but PGM metals show declines.

UK hallmarking figures for June 2014 reveal a continued climb in the number of articles being assayed, with overall growth of 15.6% for the month, compared to June 2013.

According to date complied by the Birmingham Assay Office for the four UK assay offices, gold continued to show strength with a notable 60.1% growth in 14ct gold hallmarking and 9ct up 17%. 18ct gold hallmarking also climbed, with a total 67,346 items assayed in the metal, up 12.6% on 2013’s figures.

Sterling silver registered gains of 15% in terms of the number of articles hallmarked, while fine silver assaying jumped 48.9% in June.

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Platinum 950 registered a small gain of 1.3% in June, while palladium 950 declined 9.5%, contrasted by annual gains for palladium 500, with 2,334 items hallmarked – a 101% increase on June 2013.

A statement from the Birmingham Assay Office said: "The figures for Q2 of 2014 show an overall increase in articles hallmarked of 20%, this follows a strong [first quarter] when the UK Assay Offices handled an increase of 23.1%. The uplift we have seen in the first half of 2014 is a promising sign for the remainder of 2014."


UK Hallmarking figures June 2014 vs June 2013

Gold
24ct (999) – up 41.7% (34 items)
24ct (990) – level (0 items)
22ct (916) – up 20.8% (40,724 items)
18ct (750) – up 12.6% (67,346 items)
14ct (585) – up 60.1% (6,680 items)
9ct (375) – up 17% (240,059 items)
Total gold items – up 17.1% (354,843 items)

Silver
Fine silver (999) – up 48.9% (1,855 items)
Britannia silver (958) – up 99.7% (1,446 items)
Sterling silver (925) – up 15.3% (373,328 items)
800 parts silver – up 496.2% (155 items)
Total silver items – up 15.6% (376,784 items)

Platinum
999 parts – down 100% (0 items)
950 parts – up 1.3% (21,198 items)
900 parts – down 69.1% (8 items)
850 parts – up 333.3% (13 items)
Total platinum items – up 1.2% (21,219 items)

Palladium
999 parts – level (0 items)
950 parts – down 9.5% (9,207 items)
500 parts – up 101.7% (2,334 items)
Total palladium items – up 2.2% (11,541 items)

Total items hallmarked in June 2014: 764,387 – up 15.6%
 

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