Hallmarking falls by 11.9% in Q1 2017 report

Hallmarking pic

Figures compiled by the Birmingham Assay Office show hallmarking fell by 11.9% in Q1 2017 compared to the same period in 2016.

Gold suffered the steepest drop of 19%, followed by silver at 5.6% and platinum at 0.2%. The number of palladium articles hallmarked increased by 13.8%

In total 1,921,716 items were hallmarked in the first quarter of the year.

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The full results can be seen below… 

UK Hallmarking figures for Q1 2017

Gold
24ct (999) – down 90.5% (18 items)
24ct (990) – up 74%% (74 items)
22ct (916) – down 18.8% (104,886 items)
18ct (750) – down 4.7% (173,518 items)
14ct (585) – down 15.3% (20,586 items)
9ct (375) – down 22.6% (587,166 items)
Total gold items – down 19% (886,248 items)

Silver 
Fine silver (999) – up 37.2% (5,771 items)
Britannia silver (958) – down 1.0% (2,754 items)
Sterling silver (925) – down 5.8% (930,177 items)
800 parts silver – down 97.9% (4 items)
Total silver items – down 5.6% (938,706 items)

Platinum
999 parts – up 500% (30 items)
950 parts – down 0.2% (71,185 items)
900 parts – down 41.4% (41 items)
850 parts – Neutral (0 items)
Total platinum items – down 0.2% (71,256 items)

Palladium
999 parts – Neutral (1 item)
950 parts – down 10.8% (21,649 items)
500 parts – down 3.9% (3,856 items)
Total palladium items – up 13.8% (25,506 items)

Total items hallmarked in Q1 2017: 1,921,716 – down 11.9%

 

UK Hallmarking figures for March 2016 vs March 2017

Gold
24ct (999) – down 92.0% (2 items)
24ct (990) – Neutral (74 item)
22ct (916) – down 21.2% (42,584 items)
18ct (750) – up 10.1% (66,771 items)
14ct (585) – up 39.3% (8,890 items)
9ct (375) – up 2.0% (237,357 items)
Total gold items – up 0.6% (355,678 items)

Silver 
Fine silver (999) – down 5.7% (1,280 items)
Britannia silver (958) – down 8.7% (1,356 items)
Sterling silver (925) – up 7.9% (340,029 items)
800 parts silver – Neutral (0 items)
Total silver items – up 7.7% (342,665 items)

Platinum
999 parts – up 100% (27 items)
950 parts – up 11.7% (25,779 items)
900 parts – down 63.6% (24 items)
850 parts – Neutral (0 items)
Total platinum items – up 11.5% (25,830 items)

Palladium
999 parts – Neutral (1 item)
950 parts – up 15.6% (7,588 items)
500 parts – down 4.2% (1,004 items)
Total palladium items – up 12.9% (8,593 items)

Total items hallmarked in March 2017: 732,766 – up 4.3%

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