Economy

Hallmarking up 4.1% YTD

While a year-on-year comparison cannot be made between April 2020 and April 2021 due to Assay Office closures, a year-on-year comparison for the year-to-date can still be made.

The total number of pieces hallmarked for the first four months of 2021 increased 4.1%, according to the latest figures from the Birmingham Assay Office.

While a year-on-year comparison cannot be made between April 2020 and April 2021 due to Assay Office closures, a year-on-year comparison for the year-to-date can still be made.

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Some 522,370 pieces were hallmarked in April 2021, contributing to the YTD at the end of April 2021 figure of 1,764,696, up from 1,695,158 the year before.

Gold hallmarked pieces for April sat at 236,089, with YTD gold hallmarked pieces rising 3.7% year-on-year to 796,021.

YTD silver hallmarked pieces also increased, climbing 6.7% to 906,550, with April accounting for 268,993 of these.

However, YTD platinum hallmarked pieces fell 18.7% year-on-year from 75,137 to 61,099, as April 2021 saw 17,041 platinum hallmarked pieces.

Finally, only 247 palladium pieces were hallmarked in April 2021, contributing to the 64.8% drop in YTD palladium hallmarked pieces to 1,026.

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