Hallmarking suffers 25% dip in February 2017

Hallmarking pic

Hallmarking figures compiled by Assay Office Birmingham for February 2017 show a decrease in items assayed across gold, silver and platinum compared to the same period in 2016. 

The number of units hallmarked by the four UK Assay Offices in February 2017 was down by 24.8% compared to last year.

The amount of articles hallmarked was down for all metals apart from palladium February. Gold dipped the most by 30.5%, followed by silver which suffered 20%, and platinum by 3.2%. Palladium saw a 7.6% in items hallmarked last month.

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The full results can be seen below…

UK hallmarking figures February 2017 vs February 2016

Gold
24ct (999) – down 97.3% (150 items)
24ct (990) – neutral (0 item)
22ct (916) – down 37.5% (50,191 items)
18ct (750) – down 19.0% (66,287 items)
14ct (585) – down 51.9% (9,990 items)
9ct (375) – down 31.1% (276,550 items)

Total gold items – down 30.5% (403,168 items)

Silver 
Fine silver (999) – up 25.2% (2,408 items)
Britannia silver (958) – up 44.8% (902 items)
Sterling silver (925) – down 20.4% (262,662 items)
800 parts silver – down 98.1% (2 items)

Total silver items – down 20.0% (265,974items)

Platinum
999 parts – Neutral (1 item)
950 parts – down 3.2% (23,201 items)
900 parts – Neutral (7 items)
850 parts – Neutral (0 items)

Total platinum items – down 3.2% (23,209 items)

Palladium
999 parts – Neutral (0 items)
950 parts – up 12.4% (6,710 items)
500 parts – down 35.0% (434 items)

Total palladium items – up 7.6% (7,144 items)

Total items hallmarked in February 2017: 576,610– down 24.8%

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