close

Hallmarking dips in October as majority of metals suffer

Hallmarking pic

Figures compiled by Assay Office Birmingham for October 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 October 2019 was down by 6.6%.

All metals suffered apart from platinum, which posted a 22.2% growth.

Story continues below
Advertisement

Palladium dipped by  over 60%, while silver and gold citied a 11.2% and 0.8% decrease.

The full results can be seen below… 

UK Hallmarking figures for October 2018 vs October 2019 

Gold
24ct (999) – up 1040% (114 items)
24ct (990) – down 100% (0 items)
22ct (916) – down 23.4% (32,395 items)
18ct (750) – up 12.7% (105,675 items)
14ct (585) – up 35.0%% (29,139 items)
9ct (375) – down 4.0% (337,780 items)

Total gold items – down 0.8% (505,103 items)

Silver
Fine silver (999) – down 3.8% (1,613 items)
Britannia silver (958) – up 135.5% (1,533 items)
Sterling silver (925) – down 11.4% (467,259 items)
800 parts silver – down 73.5% (9 items)

Total silver items –down 11.2 (470,414 items)

Platinum

999 parts – Neutral (19 items)
950 parts – up 22.2% (34,956 items)
900 parts – up 11.8% (38 items)
850 parts – up 30.0% (13 items)

Total platinum items – up 22.2% (35,026 items)

Palladium
999 parts – Neutral (0 items)
950 parts – down 63.1% (1,125 items)
500 parts – down 53.1% (491 items)

Total palladium items – down 60.6% (1,616 items)

Total items hallmarked in October 2019: 1,012,159 items – down 6.6%

Tags : Goldhallmarkinghallmarking figurespalladiumplatinumSilver
Stacey Hailes

The author Stacey Hailes

Editor, Professional Jeweller

Leave a Response