Gold hallmarking drops 10.1% in February
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Gold hallmarking fell by 10.1% in February 2019 compared with the same period the previous year, with overall volumes decreasing by 5.4% according to figures compiled by the Birmingham Assay Office.
The number of gold pieces hallmarked decreased from 313,532 in February 2018 to 281,938 in 2019. Additionally, silver and platinum both decreased by 0.2%. The total number of silver items hallmarked decreased from 344,845 in 2018 to 344,104 in February this year. Platinum totalled 22,392, down from 22,446.
Palladium was also down by 61.8% to 2825 items hallmarked this year. Overall the volumes decreased from 688,220 in 2018 to 651,259 in February 2019.
| Month Feb-18 | Month Feb-19 | Variance | % | |
| Gold | ||||
| 999 | 188 | 23 | -165 | -87.8 |
| 990 | 0 | 28 | 28 | 0 |
| 916 | 31,956 | 31,415 | -541 | -1.7 |
| 750 | 55,613 | 53,727 | -1,886 | -3.4 |
| 585 | 11,229 | 12,572 | 1,343 | 12 |
| 375 | 214,546 | 184,173 | -30,373 | -14.2 |
| 313,532 | 281,938 | -31,594 | -10.1 | |
| Silver | ||||
| 999 | 2,165 | 1,013 | -1,152 | -53.2 |
| 958 | 1,274 | 1,057 | -217 | -17 |
| 925 | 341,224 | 342 | 800 | 0.2 |
| 800 | 182 | 10 | -172 | -94.5 |
| 344,845 | 344,104 | -741 | -0.2 | |
| Platinum | ||||
| 999 | 9 | 16 | 7 | 77.8 |
| 950 | 22,417 | 22,318 | -99 | -0.4 |
| 900 | 18 | 54 | 36 | 200 |
| 850 | 2 | 4 | 2 | 100 |
| 22,446 | 22,392 | -54 | -0.2 | |
| Palladium | ||||
| 999 | 0 | 0 | 0 | 0 |
| 950 | 6,222 | 2,302 | -3,920 | -63 |
| 500 | 1,175 | 523 | -652 | -55.5 |
| 7,397 | 2,825 | -4,572 | -61.8 | |
| Totals | 688,220 | 651,259 | -36,961 | -5.4 |
