Economy

Gold and platinum up in May hallmarking

Both the number of gold and platinum pieces hallmarked in May 2019 increased by 1.4% and 12.4% respectively, according to figures compiled by the Birmingham Assay Office.

Gold hallmarked pieces increased from 294,530 to 298,654 and platinum items increased from 24,768 to 27,847 during the month.

However, this was offset slightly by the average volume of silver decreasing by 4.2% from 322,299 to 308,620. Palladium also decreased significantly by 65.2% to 2,783 hallmarked items.

Overall hallmarking in May decreased by 1.8% from 649,602 to 637,895 pieces.

Month May -18 Month May-19 Variance %
Gold
999 38 16 -22 -57.9
990 1 4 3 300
916 38,177 34,780 -3,397 -8.9
750 62,193 66,336 4,143 6.7
585 10,454 15,176 4,722 45.2
375 183,667 182,333 -1,334 -0.7
294,530 298,645 4,115 1.4
Silver
999 1,839 1,179 -660 -35.9
958 960 2,805 1,845 192.2
925 319,493 304,547 -14,946 -4.7
800 7 89 82 1171.4
335,827 308,620 -13,679 -4.2
Platinum
999 6 19 13 300
950 24,718 27,662 2,944 11.7
900 28 90 62 105.6
850 16 76 60 -61.5
24,768 27,847 3,079 12.4
Palladium
999 0 362 362 0
950 6,376 1,279 -5,097 -79.9
500 1,629 1,142 -487 -29.9
8,005 2,783 -5,222 -65.2
Totals 649,602 637,895 -11,707 -1.8

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