Economy

Hallmarking figures drop in January

Tom Davis Thursday, 12 February 2015, 12:46

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After a strong year of growth for hallmarking figures in 2014 the total number of articles hallmarked was down 7.6% in January 2015 compared to the same time last year.

According to data from the four UK assay offices and compiled by the Birmingham Assay Office, there was a total of 61,424 less articles hallmarked in January 2015 compared to January 2014.

According to the data, 9ct gold, which rose 25.1% in 2014, was flat in comparison to the same time last year, while 22ct gold dropped by 12.4%, with 4,6240 fewer articles hallmarked than in January 2014. Experiencing a huge dip was 14ct gold, down 29.7% with 1,717 fewer articles hallmarked.

Silver was also down with a total of 61,252 fewer articles hallmarked across all silver categories in January, a decrease of 14.2%

Platinum saw rise of 9.8%, with 1,897 more articles hallmarked in January 2015 compared to the same time last year, while palladium also saw a rise, up 17.5% with 1,602 more articles hallmarked than the same month last year.

	Month	Month	Variance	%
	Jan-14	Jan-15
Gold
999	45	146	101	224.4
990	0	0	0	0.0
916	37,306	32,686	-4,620	-12.4
750	55,278	59,752	4,474	8.1
585	5,785	4,068	-1,717	-29.7
375	244,137	242,228	-1,909	-0.8
	342,551	338,880	-3,671	-1.1

Silver
999	382	824	442	115.7
958	602	1,249	647	107.5
925	431,799	369,426	-62,373	-14.4
800	3	35	32	1066.7
	432,786	371,534	-61,252	-14.2

Platinum
999	0	0	0	0.0
950	19,250	21,154	1,904	9.9
900	9	0	-9	-100.0
850	0	2	2	100.0
	19,259	21,156	1,897	9.8

Palladium
999	–	1	1	100.0
950	8,178	8630	452	5.5
500	975	2124	1,149	117.8
	9,153	10755	1,602	17.5
	0
	0
	803,749	742,325	-61,424	-7.6