Hallmarking suffers 17% dip in October 2016

Hallmarking pic

Hallmarking figures compiled by Assay Office Birmingham for October 2016 show a decrease in items assayed across gold, silver, palladium and platinum compared to the same period in 2015. 

The number of units hallmarked by the four UK Assay Offices in October 2016 is down by 17.1% compared to last year.

The amount of articles hallmarked was down for all the metals in October. Gold dipped by 20.6%, silver suffered, 13.9%, palladium was down 6.5% and palladium decreased the least by 4.1%.

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The full results can be seen below…

UK hallmarking figures October 2016 vs October 2015

Gold
24ct (999) – down 68.6% (55 items)
24ct (990) – down 41.2% (10 item)
22ct (916) – down 17.6% (37,796 items)
18ct (750) – down 12.8% (84,880 items)
14ct (585) – down 28.2% (7,955 items)
9ct (375) – down 22.4% (358,228 items)

Total gold items – down 20.6% (489,924 items)

Silver 
Fine silver (999) – down 39.3% (943 items)
Britannia silver (958) – up 46.0% (2,231 items)
Sterling silver (925) – down 13.9% (459,037 items)
800 parts silver – down 97.4% (1 items)

Total silver items – down 13.9% (462,212 items)

Platinum
999 parts – down 66.4% (1 item)
950 parts – down 4.1% (24,529 items)
900 parts – down 43.9% (23 items)
850 parts – up 158.3% (31 items)

Total platinum items – down 4.1% (24,584 items)

Palladium
999 parts – Neutral (0 items)
950 parts – up 1.8% (5,693 items)
500 parts – up 1.6% (914 items)

Total palladium items – down 6.5% (6,607 items)

Total items hallmarked in October 2016: 983,327 – down 17.1%

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