Hallmarking dips by 5.5% in Q3 2016

Updated hallmarking pic

Hallmarking figures compiled by Birmingham Assay Office have revealed hallmarking in Q3 2016 fell by 5.5% compared to the same quarter of the previous year.

Silver saw the biggest decline in the third quarter, with hallmarking down by 8.7%.

Platinum dipped by 3.6%, closely followed by gold which dipped by 2.8%. Palladium was the only metal to see an increase, with the overall hallmarking of palladium up by 9.1%.

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See the full figures below…

UK Hallmarking figures Q3 2016 vs Q3 2015

Gold
24ct (999) – up 225.4% (205 items)
24ct (990) – up 4900% (49 items)
22ct (916) – down 17.6% (111,479 items)
18ct (750) – down 1.2% (218,808 items)
14ct (585) – up 7.2% (25,151 items)
9ct (375) – down 1.2% (837,652 items)

Total gold items – down 2.8% (1,193,344 items)

Silver 
Fine silver (999) – up 34.5% (7,207 items)
Britannia silver (958) – up 9.6% (3,222 items)
Sterling silver (925) – down 8.6% (1,052,515 items)
800 parts silver – down 93.4% (316 items)

Total silver items – down 8.7% (1,063,260 items)

Platinum
999 parts – up 16.7% (14 items)
950 parts – down 3.5% (65,853 items)
900 parts – down 1.9% (51 items)
850 parts – down 62.5% (33 items)

Total platinum items – down 3.6% (65,951 items)

Palladium
999 parts – Neutral (1 item)
950 parts – up 15.6% (21,918 items)
500 parts – down 20.0% (3,395 items)

Total palladium items – up 9.1% (25,314 items)

Total items hallmarked in September 2016: 2,347,869 – down 5.5%

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