Hallmarking up in Q3 as silver soars

Updated hallmarking pic

Hallmarking figures compiled by Birmingham Assay Office have revealed hallmarking in Q3 2017 increased by 3.9% compared to the same quarter of the previous year.

Silver posted the largest increase, with the number of articles hallmarked up 27.8%. Platinum saw an increase of 6.3%.

Gold and palladium articles hallmarked declined in the month by 17.1% and 14.1%.

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For the month of September however, hallmarking dipped by 3.7% as the amount of gold and platinum articles hallmarked dropped by 21.6% and 21.3% respectively.

Platinum on the other hand saw a 54.9% spike in articles hallmarked, while silver recorded a 14.8% growth.

See the full figures for Q3 and September 2017 below…

UK Hallmarking figures Q3 2017 vs Q3 2016

Gold
24ct (999) – down 86.8% (27 items)
24ct (990) – up 3100% (80 items)
22ct (916) – up 4.7% (116,713 items)
18ct (750) – down 8% (201,319 items)
14ct (585) – up 20% (30,173 items)
9ct (375) – down 23.5% (640,606 items)

Total gold items – down 17.1% (988,918 items)

Silver 
Fine silver (999) – down 28.6% (5,148 items)
Britannia silver (958) – up 18.1% (3,804 items)
Sterling silver (925) – up 28.3% (1,350,190 items)
800 parts silver – down 37.7% (197 items)

Total silver items – up 27.8% (1,359,339 items)

Platinum
999 parts – down 21.4% (11 items)
950 parts – up 6.4% (70,038 items)
900 parts – up 17.6% (60 items)
850 parts – down 60.6% (13 items)

Total platinum items – up 6.3% (70,122 items)

Palladium
999 parts – Neutral (0 items)
950 parts – down 19.9% (17,564 items)
500 parts – up 23.4% (4,188 items)

Total palladium items – down 14.1% (21,752 items)

Total items hallmarked in Q3 2017: 2,440,131 – up 3.9%

 

UK Hallmarking figures September 2017 vs September 2016

Gold
24ct (999) – up 275% (15 items)
24ct (990) – Neutral (2 items)
22ct (916) – up 8.6% (41,098 items)
18ct (750) – down 9.7% (75,504 items)
14ct (585) – up 45.6% (13,443 items)
9ct (375) – down 29.8% (234,378 items)

Total gold items – down 21.6% (364,440 items)

Silver 
Fine silver (999) – up 32.9% (2,147 items)
Britannia silver (958) – up 214.7% (1,948 items)
Sterling silver (925) – up 14.4% (460,445 items)
800 parts silver – up 346.3% (183 items)

Total silver items – up 14.8% (464,723items)

Platinum
999 parts – up 400% (10 items)
950 parts – up 54.7% (24,877 items)
900 parts – up 322.2% (38 items)
850 parts – down 33.3% (4 items)

Total platinum items – up 54.9% (24,929 items)

Palladium
999 parts – Neutral (0 items)
950 parts – down 23.5% (4,079 items)
500 parts – down 9.8% (907items)

Total palladium items – down 21.3% (4,986 items)

Total items hallmarked in September 2017: 835,078 – down 3.7%

 

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