UK hallmarking reveals 4.2% annual fall as gold suffers

Final results for last year’s hallmarking figures from the four UK Assay Offices reveals that in total, the number of items marked last year fell by 4.2%.

In total, 9,336,926 items were hallmarked in 2017 – 411,107 articles down on the year prior.

During the 12 months, gold felt the biggest loss with both 9ct and 18ct down compared to 2016. Overall, the number of gold articles hallmarked fell by 16.7%.

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Palladium dipped by 14.3% and platinum by 2.1%. Silver was the only metal to record spike in 2017, with the precious metal posting a 9.2% increase.

The full annual and monthly results can be seen below…

Annual UK Hallmarking Figures for 2017

Gold
24ct (999) – down 62.4% (309 items)
24ct (990) – up 5900% (176 items)
22ct (916) – down 2.5% (436,582 items)
18ct (750) – down 6.5% (806,185 items)
14ct (585) – up 27% (134,959 items)
9ct (375) – down 22.4% (2,658,054 items)

Total gold items – down 16.7% (4,036,265 items)

Silver 
Fine silver (999) – down 4.7% (20,933 items)
Britannia silver (958) – down 14.5% (13,247 items)
Sterling silver (925) – up 9.4% (4,898,500 items)
800 parts silver – down 18.1% (676 items)

Total silver items – up 9.2% (4,933,356 items)

Platinum
999 parts – down 30.1% (72 items)
950 parts – down 2.2% (281,748 items)
900 parts – up 2.1% (199 items)
850 parts – up 202.9% (418 items)

Total platinum items – down 2.1% (282,437 items)

Palladium
999 parts – down 60% (2 items)
950 parts – down 17.7% (69,692 items)
500 parts – up 5.5% (15,174 items)

Total palladium items – down 14.3% (84,868 items)

Total items hallmarked in 2016 – down 4.2% (9,336,926 items)

 

UK hallmarking figures December 2017 vs December 2016

Gold
24ct (999) – down 36.6% (45 items)
24ct (990) – Neutral (1 item)
22ct (916) – up 8.3% (28,706 items)
18ct (750) – down 8.3% (57,904 items)
14ct (585) – up 57.1% (14,242 items)
9ct (375) – down 10.6% (221,135 items)

Total gold items – down 6.9% (322,033 items)

Silver 
Fine silver (999) – up 57.6% (988 items)
Britannia silver (958) – down 46.1% (552 items)
Sterling silver (925) – down 7.0% (377,822 items)
800 parts silver – up 6625% (269 items)

Total silver items – down 6.9% (379,631 items)

Platinum
999 parts – down 96.7% (2 items)
950 parts – down 7% (18,667 items)
900 parts – up 40% (14 items)
850 parts – up 125% (9 items)

Total platinum items – down 7.2% (18,692 items)

Palladium
999 parts – 100% (1 item)
950 parts – down 62.3% (2,482 items)
500 parts – down 11.2% (532 items)

Total palladium items – down 58% (3,015 items)

Total items hallmarked in December 2017: 723,371 – down 7.4%

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