EconomyMetal PricesNews

Hallmarking figures fall 11%

Hallmarking fell by an average of 11% in May 2018 compared with the same period the previous year, according to figures compiled by the Birmingham Assay Office.

The average volume of all precious metals fell this month when compared to the same period the previous year.

Gold fell by 8.5% to 294,530 and silver dropped by 14.5% from 376,934 compared with 322,229 the previous year.

Palladium and platinum also dropped by 3.7% and 1.2% respectively. Overall the total volumes decreased from 732,159 in 2017 to 649,602 in 2018.

 

Month May-17 Month May -18 Variance %
Gold
999 31 38 7 22.6
990 0 1 31 0
916 43,682 38,177 -5,505 -12.6
750 62,433 62,193 -240 -0.4
585 12,877 10,454 -2,423 -18.8
375 202,827 183,667 -19,160 -9.4
321,850 294,530 -27,320 -8.5
Silver
999 1,751 1,839 88 5
958 901 960 59 6.5
925 374,230 319,493 -54,737 -14.6
800 52 7 -45 -86.5
376,934 322,229 -54,635 -14.5
Platinum
999 4 6 2 50
950 25,035 24,718 -317 -1.3
900 22 28 6 27.3
850 1 16 15 1500
25,062 24,768 -294 -1,2
Palladium
999 0 0 0 0
950 6,878 6,376 -502 -7.3
500 1,435 1,629 194 13.5
8,313 8,005 -308 -3.7
Totals 732,159 649,602 -82,557 11.3

 

Back to top button