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Economy

Hallmarking figures increase by 13% for January 2018

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Hallmarking rose by an average of 13% in January 2018 compared with the same period the previous year, according to figures compiled by the Birmingham Assay Office.

The average volume of silver pieces hallmarked rose considerably by 29% to 425,631 compared with 330,067 the previous year. Palladium on the other hand decreased by 33.1% to 6,536.

However, the much higher value categories of platinum and gold both dropped by a marked 5.9% to 20,908 and 4.5% to 239,022 respectively.

Overall the volumes rose from 612,340 in January 2017 to 692,097 in January 2018, indicating a positive start to the year.

Full hallmarking figures listed below:

Month Jan -17 Month Jan -18 Variance %
Gold
999 12 105 93 775
990 0 6 6 100
916 30,953 30,993 40 0.1
750 53,076 56,703 3,627 6.8
585 6,894 7,418 524 7.6
375 159,351 143,797 -15,555 -9.8
250,287 239,022 -11,265 -4.5
Silver
999 2,083 2,814 731 35.1
950 496 1,273 777 156.7
900 327,486 421,536 95,564 28.7
850 2 8 6 300
330,067 425,631 95,564 29
Platinum
999 2 6 4 200
950 22,205 20,891 -1,314 -5.9
900 10 10 0 0
850 1 1 1 100
22,217 20,908 -1,309 -5.9
Palladium
999 0 1 1 100
950 7,351 5,087 -2,264 -30.8
500 2,418 1,448 -970 98.7
9,769 6,536 -3,233 -33.1
Totals 612,340 692,097 79,757 13

 

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