Economy

Gold and silver down double digits in February hallmarking

The number of gold and silver pieces hallmarked in February 2020  decreased by 13.3% and 25.3% respectively, according to figures compiled by the Birmingham Assay Office.

Gold hallmarked pieces decreased from 281,938 to 244,558 and silver items decreased from 344,104 to 257,212 during the month.

Additionally, palladium decreased by 70.3% to 838 items hallmarked during the period. However Platinum hallmarking increased by 7.4% to 24,048.

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Overall hallmarking in February decreased by 19.1 % from 651,259 to 526,656 pieces.

 

990 28 8 -20 -71.4
916 31,415 31,353 -62 -0.2
750 53,727 51,774 -1,953 -3.6
585 12,572 13,673 1,101 8.8
375 184,173 147,668 -36,505 -19.8
281,938 244,558 -37,380 -13.3
Silver
999 1,013 1,850 837 82.6
958 1,057 694 -363 -34.3
925 342,024 254,613 -87,411 -25.6
800 10 55 45 450
344,104 257,212 -86,892 -25.3
Platinum
999 16 2 -14 -87.5
950 22,318 24,024 1,706 7.6
900 54 16 -38 -70.4
850 4 6 2 50
22,392 24,048 1,656 7.4
Palladium
999 0 0 -1 0
950 2,302 599 -1,703 -74
500 523 239 -284 -54.3
2,825 838 -1,987 -70.3
Totals 651,259 526,656 -124,603 -19.1

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