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Strong double-digit growth for gold and platinum in October hallmarking

Hallmarking increased by an average of 1.6% in October 2018 compared with the same period the previous year, according to figures compiled by the Birmingham Assay Office.
This was supported by double-digit growth in gold, increasing by 60,849 to 509,390 hallmarked pieces, and platinum, rising by 4,593 to 28,652 items hallmarked.

However, the number of silver and palladium pieces hallmarked decreased by 8.3% and 5% respectively.

Overall the volumes increased by 17,020 to 1,071,799 in October 2018 from 1,054,779 in October 2017.

Month Oct-17 Month Oct-18 Variance %
Gold
999 62 10 -52 -83.9
990 0 11 11 0
916 34,593 42,304 7,711 22.3
750 89,628 93,748 4,120 4.6
585 24,582 21,589 -2,993 -12.2
375 299,676 351,728 52,052 17.4
448,541 509,390 60,849 13.6
Silver
999 2,077 1,676 -401 -19.3
958 1,243 651 -592 -47.6
925 574,542 527,297 -47,245 -8.2
800 4 34 30 750
577,866 529,658 -48,208 -8.3
Platinum
999 8 0 -8 100
950 23,654 28,608 4,954 20.9
900 28 34 6 21.4
850 369 10 -359 -97.3
24,059 28,652 4,593 19.1
Palladium
999 0 0 0 0
950 3,402 3,052 -350 -10.3
500 911 1,047 136 14.9
4,313 4,099 -214 -5
Totals 1,054,779 1,071,799 17,020 1.6

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