Hallmarking dips in August as palladium suffers steep decline

Figures compiled by Assay Office Birmingham for August 2018 show a decrease in items hallmarked compared to the same period last year.

Overall, the number of units hallmarked by the four UK Assay Offices in August 2018 was down by 2.3%.

While gold and platinum experienced growth of 2.9% and 29.3% respectively, silver and palladium suffered.

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Silver posted a 10% dip, while palladium was down 41.8%.

The full results can be seen below… 

UK hallmarking figures August 2018 vs August 2017

Gold
24ct (999) – up 1533.3% (49 items)
24ct (990) – up 100% (1 item)
22ct (916) – up 17.9% (45,247 items)
18ct (750) – up 8.3% (69,812 items)
14ct (585) – up 48.8% (11,766 items)
9ct (375) – up 4.4% (227,918 items)

Total gold items – up 7.9% (354,793 items)

Silver 
Fine silver (999) – down 44% (938 items)
Britannia silver (958) – up 33.9% (1,154 items)
Sterling silver (925) – down 10.1% (418,820 items)
800 parts silver – up 40.0%% (7 items)

Total silver items – down 10.1% (420,919 items)

Platinum
999 parts – up 100% (2 items)
950 parts – up 29.2% (29,205 items)
900 parts – up 40% (7 items)
850 parts – up 133.3% (7 items)

Total platinum items – up 29.3% (29,221 items)

Palladium
999 parts – Neutral (0 items)
950 parts – down 42.5% (4,247 items)
500 parts – up 37.9% (882 items)

Total palladium items – down 41.8% (5,129 items)

Total items hallmarked in August 2018: 810,062 – down 2.3%

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