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Gold and silver fall in December hallmarking

The number of gold and silver pieces hallmarked in December 2019 decreased by 7.1% and 12.7% respectively, according to figures compiled by the Birmingham Assay Office.

Gold hallmarked pieces decreased from 312,281 to 290,186 and silver items decreased from 373,756 to 326,442 during the month.

Additionally, palladium decreased by 37.7% to 917 items hallmarked during the period. Platinum hallmarking increased by 2.6% to 20,980.

Overall hallmarking in December decreased by 9.8% from 707,965 to 638,525 pieces.

The assay offices also released hallmarking data for the entirety of 2019, which saw a 4.1% decrease in hallmarked pieces from 9,114,402 in 2018 to 8,736,614 in 2019 – 377,788 less articles.

Silver hallmarked pieces decreased by 5% in 2019 to 4,407,949, compared with 4,640,569 in 2018, and palladium hallmarked items fell by 47.8% to 32,705, compared with 62,667 last year.

Gold hallmarked articles decreased by 13,9083 to 3,974,560, compared with 4,113,643 in 2018. Platinum was the only positive results for the year, which saw a 1.9% to 32,1400 items hallmarked.

Month Dec -18 Month Dec -19 Variance %
Gold
999 66 173 107 162.1
990 7 0 -7 -100
916 22,053 25,372 3,319 15.1
750 63,201 61,086 -2,115 -3.3
585 11,980 11,164 -816 -6.8
375 214,974 192,391 -22,583 -10.5
312,281 290,186 -22,095 -7.1
Silver
999 539 814 275 51
958 632 61,607 60,975 9647.9
925 372,580 263,896 -108,684 -29.2
800 5 125 120 2400
373,756 326,442 -47,314 -12.7
Platinum
999 2 4 2 100
950 20,412 20,959 547 2.7
900 37 9 -28 -75.7
850 4 8 4 100
20,445 20,980 525 2.6
Palladium
999 0 0 0 0
950 1,203 580 -623 -51.8
500 270 337 67 24.8
1,473 917 -556 -37.7
Totals 707,965 638,525 -69,440 -9.8
2018 2019 Variance %
Gold
999 710 1,656 946 133.2
990 129 250 121 93.8
916 421,175 370,471 -50,704 -12
750 828,999 842,540 13,541 1.6
585 163,777 181,757 17,980 11
375 2,698,853 2,577,886 -120,967 -4.5
4,113,643 3,974,560 -139,083 -3.4
Silver
999 19,905 16,851 -3,054 -15.3
958 11,774 78,291 66,517 564.9
925 4,608,202 4,312,462 -295,740 -6.4
800 688 345 -343 -49.9
4,640,569 4,407,949 -232,620 -5
Platinum
999 62 161 99 159.7
950 296,976 320,480 23,504 7.9
900 322 450 128 39.8
850 163 309 146 89.6
297,523 321,400 23,877 8
Palladium
999 8 365 357 4462.5
950 51,852 22,613 -29,239 -56.4
500 10,807 9,727 -1,080 -10
62,667 32,705 -29,962 -47.8
Totals 9,114,402 8,736,614 -377,788 -4.1

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