UK hallmarking volumes drop 15% in June

The monthly hallmarking figures are compiled by the Birmingham Assay Office using data from all four UK assay offices.

Silver slumps but Palladium leaps 75%.

The total number of units hallmarked by the four UK Assay Offices was down 15% in June 2012 compared to June 2011.

While Gold articles fell by 5.7% and silver articles were down by 25.8%, platinum and palladium on the other hand were up 8.7% and 75.5% respectively.

Submission for platinum articles rose to 23,151 this year compared to last year’s 21,298. Palladium articles jumped to 16,437 compared to just 9,364, last year.

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There was a dramatic decline in gap for silver articles being submitted as the hallmarking figures fell to 334,357 units this year compared to 450,671 last year. Gold articles dropped to 358,074 from 379,757 last year.

A total of 732,019 items were assayed in June, a decrease from the 861,090 articles submitted in the previous year.

The facts and figures: UK hallmarking in June 2012 vs June 2011

Gold

24ct gold (999) – down 73.9%
24ct gold (990) – up 100%
22ct gold (916) – down 16.2%
18ct gold (750) – down 9.8%
14ct gold (585) – down 31.6%
9ct gold (375) – down 2.5%

Silver

Fine silver (999) – up 3662.8%
Britannia silver (958) – down 58.5%
Sterling silver (925) – down 35.4%
800 parts silver – down 95.8%

Platinum

999 parts platinum – down 80%
950 parts platinum – up 8.7%
900 parts platinum – up 107.7%
850 parts platinum – up 100%

Palladium

999 parts palladium – up 100%
950 parts palladium – up 21.5%
500 parts palladium – up 2061.3%
 

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