Hallmarking down 4.9% in January as gold takes a hit

Updated hallmarking pic

Hallmarking figures compiled by Assay Office Birmingham for January 2017 show a decrease in items assayed compared to the same period in 2016. 

The number of units hallmarked by the four UK Assay Offices in January 2017 is down by 4.9% compared to last year.

Interestingly, the number of items hallmarked was up on all metals, apart from gold which suffered a 13.4% dip. Silver, palladium and platinum increased by 1.6%, 3.1% and 20.8% respectively.

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UK hallmarking figures January 2017 vs January 2016

Gold
24ct (999) – up 71.4% (26 items)
24ct (990) – neutral (0 item)
22ct (916) – down 17.4% (32,283 items)
18ct (750) – up 7.7% (53,927 items)
14ct (585) – down 12.4% (7,060 items)
9ct (375) – down 17.8% (173,331 items)

Total gold items – down 13.4% (266,613 items)

Silver 
Fine silver (999) – up 299.7% (3,833 items)
Britannia silver (958) – down 38.3% (619 items)
Sterling silver (925) – up 0.8% (338,856 items)
800 parts silver – down 96.5% (2 items)

Total silver items – up 1.6% (343,310 items)

Platinum
999 parts – Neutral (2 item)
950 parts – up 3.1% (22,500 items)
900 parts – up 400% (10 items)
850 parts – Neutral (0 items)

Total platinum items – up 3.1% (22,512 items)

Palladium
999 parts – Neutral (0 items)
950 parts – up 23.6% (7,359 items)
500 parts – up 83.5% (2,419 items)

Total palladium items – up 20.8% (9,778 items)

Total items hallmarked in January 2017: 642,213– down 4.9%

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