Hallmarking up in October as gold and platinum post double-digit growth

Hallmarking figures compiled by Assay Office Birmingham for October 2018 show a positive month overall, with gold and platinum both posting double-digit growth.

In total, October saw a 1.6% increase in the total number of items assayed compared to the same period in 2017, with a total of 1,071,799 pieces being handled in the month.

Platinum posted the greatest hike, with the precious metal citing a 19.1% increase, while gold followed closely behind with a 13.6% growth.

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Silver and palladium declined by 8.3% and 5.0% respectively.

See the full figures below…

UK hallmarking figures October 2018 vs October 2017

Gold
24ct (999) – down 83.9% (10 items)
24ct (990) – Neutral (0 items)
22ct (916) – up 22.3% (42,304 items)
18ct (750) – up 4.6% (93,748 items)
14ct (585) – down 12.2% (21,589 items)
9ct (375) – up 17.4% (351,728 items)

Total gold items – up 13.6% (509,390 items)

Silver 
Fine silver (999) – down 19.3% (1,676 items)
Britannia silver (958) – down 47.6% (651 items)
Sterling silver (925) – down 8.2% (527,297 items)
800 parts silver – up 750% (34 items)

Total silver items – down 8.3% (526,658 items)

Platinum
999 parts – Neutral (0 items)
950 parts – up 20.9% (28,608 items)
900 parts – up 21.4% (34 items)
850 parts – down 97.3% (10 items)

Total platinum items – up 19.1% (28,652 items)

Palladium
999 parts – Neutral (0 items)
950 parts – down 10.3% (3,402 items)
500 parts – up 14.9% (911 items)

Total palladium items – down 5.0% (4,099 items)

Total items hallmarked in October 2018: 1,071,799 – up 1.6%

 

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