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Gold drops 2.8% in November hallmarking

Despite the drop in gold, overall hallmarking volumes increased during the period

Gold hallmarking fell by 2.8% in November 2018 compared with the same period the previous year, this is despite overall volumes increasing by 1.8% according to figures compiled by the Birmingham Assay Office.

The number of gold pieces hallmarked decreased from 492,537 in November 2017 to 478, 589 in 2018. However, silver and platinum both increased by 6.4% and 2.3% respectively. The total of silver hallmarked increased from 541,005 in 2017 to 575,580 in November this year. Platinum totalled 25,850 up from 25,274.

Palladium was down by 39.9% but overall the volumes from 1,064,578 in November 2017 to 1,083,483 in November 2018.

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Month Nov-17 Month Nov-18 Variance %
Gold
999 32 6 -26 -81.3
990 19 0 -19 -100
916 37,787 29,433 -8,354 -22.1
750 99,355 97,932 -1,423 -1.4
585 17,226 20,945 3,719 21.6
375 338,118 330,273 -7,845 -2.3
492,537 478,589 13,948 -2.8
Silver
999 1,610 1,104 -506 -31.4
958 1,485 1,407 -78 -5.3
925 537,904 572,807 34,903 6.5
800 6 262 256 4266.7
541,005 575,580 34,575 8.4
Platinum
999 5 8 3 60
950 25,241 25,805 564 2.2
900 15 30 15 100
850 13 7 -6 -46.2
25,274 25,850 576 2.3
Palladium
999 0 2 2 0
950 4,679 3,074 -1,623 -34.6
500 1,065 388 -677 -63.6
5,762 3,464 -2,298 -39.9
Totals 1,064,578 1,083,483 18,905 1.8

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