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Platinum up 9.4% in December; Overall 2018 results revealed

Platinum hallmarking increased by 9.4% in December 2018, compared with the same period the previous year, despite overall volumes decreasing by 2.1% according to figures compiled by the Birmingham Assay Office.

The number of gold pieces hallmarked decreased from 322,033 in December 2017 to 312,281 in 2018. Silver and palladium also both decreased by -1.5% and -51.1% respectively. The total number of silver items hallmarked decreased from 379,631 in 2017 to 373,756 in December this year. Palladium totalled 1,473 for the month, down from 3,015 last year.

Overall the volumes decreased by 15,406 to 707,965 in December 2018.

The assay offices have also released hallmarking data for the entirety of 2018, which saw a 2.4% decrease in hallmarked pieces from 9,336,926 in 2017 to 9,114,402 in 2018 – 222,524 less articles.

Silver hallmarked pieces decreased by 5.9% in 2018 to 4,640,569, compared with 4,933,356 in 2017, and palladium hallmarked items fell by 26.2% to 62,667, compared with 84,868 last year.

However, gold and platinum saw positive results for the year, with increases of 1.9% and 5.3% respectively. Gold hallmarked articles increased by 77,378 to 4,113,643, compared with 4,036,265 in 2017, and platinum hallmarked items increased by 15,086 to 297,523, up from 282,437 last year.

December 2017 vs 2018

Month Dec-17 Month Dec-18 Variance %
Gold
999 45 66 21 -46.7
990 1 7 6 600
916 28,706 22,053 -6,653 -23.2
750 57,904 63,201 5,297 9.1
585 14,242 11,980 -2,262 -15.9
375 221,135 214,974 -6,161 -2.8
322,033 312,281 -9,752 -3
Silver
999 988 539 -449 -45.4
958 552 632 80 14.5
925 377,822 362,580 -5,242 -1.4
800 269 5 -264 -98.1
379,631 373,756 -5,875 -1.5
Platinum
999 1 2 1 100
950 11,393 20,412 9,019 79.2
900 7,281 37 -7,244 -99.5
850 17 4 -13 -76.5
18,692 20,455 1,763 9.4
Palladium
999 1 0 -1 -100
950 2,482 1,203 -1,279 -51.5
500 532 270 -262 -49.2
3,015 1,473 -1,542 -51.1
Totals 723,371 707,965 -15,406 -2.1

2017 vs 2018

 

2017 2018 Variance %
Gold
999 309 710 401 129.8
990 176 129 -47 -26.7
916 436,582 421,175 -15,407 -3.5
750 806,185 828,999 22,814 2.8
585 134,959 163,777 28,818 21.4
375 2,658,054 2,698,853 40,799 1.5
4,036,265 4,113,643 77,378 1.9
Silver
999 20,933 19,905 -1,028 -4.9
958 13,247 11,774 -1,473 -11.1
925 4,898,500 4,608,202 -290,298 -5.9
800 676 688 12 1.8
4,933,356 4,640,569 -292,787 -5.9
Platinum
999 71 62 -9 -12.7
950 274,474 296,976 22,502 8.2
900 7,466 322 -7,144 -95.7
850 426 163 -263 -61.7
282,437 297,523 15,086 5.3
Palladium
999 2 8 6 300
950 69,692 51,852 -17,840 -25.6
500 15,174 10,807 -4,367 -28.8
84,868 62,667 -22,201 -26.2
Totals 9,336,926 9,114,402 -222,524 -2.4

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