August silver hallmarking falls after buoyant July

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Total assayed items fall 3% y-o-y; other white metals on the up.

Hallmarking across the four UK Assay Offices fell 3% in August, according to the latest figures from the Birmingham Assay Office.

In total, 706,763 items were assayed in the UK last month, falling 3% from the figure of 728,813 recorded in August 2012.

The latest stats show that silver hallmarking was the only category in decline with a drop of 10.5% year-on-year, following a bumper July. Meanwhile gold showed signs of growth with an increase of 4.1% overall; 9ct gold was up 3.2%, while 14ct gold hallmarking jumped 38.7%.

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Precious white metals platinum and palladium continued their positive run, with increases of 9.3% and 62.5% respectively.


The facts and figures: UK hallmarking in August 2013 vs August 2012

Gold
24ct (999) – up 24% (31 items)
24ct (990) – level (1 item)
22ct (916) – up 22.2% (32,191 items)
18ct (750) – down 2.5% (63,787 items)
14ct (585) – up 38.7% (6,423 items)
9ct (375) – up 3.2% (215,542 items)
Total gold items – up 4.1% (317,975 items)

Silver
Fine silver (999) – up 139% (1,549 items)
Britannia silver (958) – up 196% (2,093 items)
Sterling silver (925) – down 11% (349,658 items)
800 parts silver – down 69.3% (162 items)
Total silver items – down 10.5% (353,462 items)

Platinum
999 parts – down 100% (0 items)
950 parts – up 9.4% (22,061 items)
900 parts – down 55% (18 items)
850 parts – up 100% (6 items)
Total platinum items – up 9.3% (22,085 items)

Palladium
999 parts – down 100% (0 items)
950 parts – up 115.8% (12,205 items)
500 parts – down 58.1% (1,036 items)
Total palladium items – up 62.9% (13,241 items)

Total items hallmarked – down 3% (706,763 items)
 

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