Economy

Hallmarking falls 11.5% in September

The total number of hallmarked items fell 11.5% in September, a decrease of 115,994 pieces when compared with the same month last year.

The figure – from all four UK assay offices and compiled by the Birmingham Assay Office – found the total number of hallmarked items in September stood at 891,891, compared with 1,007,885 in September last year.

The number of hallmarked gold articles fell 10.9% from 521,456 pieces last year to 464,730, with the number of 9-carat articles falling from 521,456 in September 2015 to 464,730 – a decrease of 10.9%.

Silver and platinum both recorded falls of 11.1% and 33.1%, respectively, while palladium also recorded a 9.4% decrease in the number of hallmarked items.

Overall, hallmarking in the third quarter of the year fell 5.5% from 2,484,017 in Q3 2015 to 2,347,869 in the same period this year.

Hallmarking results for September:

Month Month Variance %
Sep-15 Sep-16
999 Gold 23 4 -19 -82.6
990 0 1 1 100.0
916 49,620 37,840 -11,780 -23.7
750 84,128 83,658 -470 -0.6
585 11,520 9,232 -2,288 -19.9
375 376,165 333,995 -42,170 -11.2
521,456 464,730 -56,726 -10.9
999 Silver 945 1,615 670 70.9
958 1,062 619 -443 -41.7
925 453,343 402,453 -50,890 -11.2
800 37 41 4 10.8
455,387 404,728 -50,659 -11.1
               
999 Platinum 0 2 2 100.0
950 23,995 16,078 -7,917 -33.0
900 43 9 -34 -79.1
850 10 6 -4 -40.0
24,048 16,095 -7,953 -33.1
999 Palladium 0 0 0 0.0
950 5,372 5,332 -40 -0.7
500 1,622 1,006 -616 -38.0
6,994 6,338 -656 -9.4
TOTALS 1,007,885 891,891 -115,994 -11.5

Hallmarking results for Q3:

Quarter Quarter Variance %
Sep-15 Sep-16
999 Gold 63 205 142 225.4
990 0 49 49 4900.0
916 135,254 111,479 -23,775 -17.6
750 221,424 218,808 -2,616 -1.2
585 23,461 25,151 1,690 7.2
375 847,416 837,652 -9,764 -1.2
1,227,618 1,193,344 -34,274 -2.8
999 Silver 5,359 7,207 1,848 34.5
958 2,939 3,222 283 9.6
925 1,151,712 1,052,515 -99,197 -8.6
800 4,791 316 -4,475 -93.4
1,164,801 1,063,260 -101,541 -8.7
999 Platinum 12 14 2 16.7
950 68,233 65,853 -2,380 -3.5
900 52 51 -1 -1.9
850 88 33 -55 -62.5
68,385 65,951 -2,434 -3.6
999 Palladium 2 1 -1 100.0
950 18,966 21,918 2,952 15.6
500 4,245 3,395 -850 -20.0
23,213 25,314 2,101 9.1
TOTALS 2,484,017 2,347,869 -136,148 -5.5

Back to top button