Economy

Gold slumps 7.3% in July hallmarking

The number of gold pieces hallmarked in July 2019 decreased by 7.3%, according to figures compiled by the Birmingham Assay Office.

Palladium also decreased by 30.3% to 4356 pieces hallmarked, and the amount of platinum pieces hallmarked during the month decreased by 2% to 26,599 items.

However, the average volume of silver grew by 7.3% from 331,498 to 372,295 during the period.

Overall, hallmarking in July increased by 2% from 697,411 to 711,547 pieces.

Month July -18 Month July -19 Variance %
Gold
999 45 208 163 362.2
990 1 9 8 800
916 36,689 35,526 -1,163 -3.2
750 68,060 70,759 2,699 4
585 12,924 9,111 -3,813 -29.5
375 214,788 192,684 -22,104 -10.3
332,507 308,297 -24,210 -7.3
Silver
999 1,972 1,759 -213 -10.8
958 556 2,577 2,021 363.5
925 328,930 367,953 39,023 11.9
800 40 6 -34 -85
331,498 372,295 40,797 12.3
Platinum
999 0 67 67 0
950 27,098 26,448 -610 -2.3
900 46 29 -17 -37
850 10 15 5 50
27,154 26,599 -555 -2
Palladium
999 0 0 0 0
950 5,148 3,231 -1,917 -37.2
500 1,104 1,125 21 1.9
6,252 4,356 -1,896 -30.3
Totals 697,411 711,547 14,136 2

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