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Hallmarking dips in February as all metals suffer

Updated hallmarking pic

Figures compiled by Assay Office Birmingham for February 2019 show a decrease in items hallmarked compared to the same period last year.

Overall, the number of units hallmarked by the four UK Assay Offices in February 2019 was down by 5.4%.

All metals suffered. Palladium posted the steepest decrease (61.8%), followed by gold at 10.1%.

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Silver and platinum both cited a 0.2% dip.

The full results can be seen below… 

UK hallmarking figures February 2019 vs February 2018

Gold
24ct (999) – down 87.8% (23 items)
24ct (990) – Neutral (28 items)
22ct (916) – down 1.7% (31,415 items)
18ct (750) – down 3.4% (53,727 items)
14ct (585) – up 12.0% (12,572 items)
9ct (375) – down 14.2% (184,173 items)

Total gold items – down 10.1% (281,938 items)

Silver 
Fine silver (999) – down 53.2% (1,013 items)
Britannia silver (958) – down 17.0% (1,057 items)
Sterling silver (925) – up 0.2% (342,024 items)
800 parts silver – down 94.5% (10 items)

Total silver items – down 0.2% (344,104 items)

Platinum
999 parts – up 77.8% (16 items)
950 parts – down 0.4% (22,318 items)
900 parts – up 200% (54 items)
850 parts – up 100% (4 items)

Total platinum items – down 0.2% (22,392 items)

Palladium
999 parts – Neutral (0 items)
950 parts – down 63.0% (2,302 items)
500 parts – down 55.5% (532 items)

Total palladium items – down 61.8% (2,825 items)

Total items hallmarked in February 2019: 651,259 – down 5.4%

Tags : Goldhallmarkingpalladiumplatinumprecious metalsSilver
Stacey Hailes

The author Stacey Hailes

Editor, Professional Jeweller

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