Economy

Hallmarking falls 19.5% in September

The total number of pieces hallmarked during September 2020 decreased by 19.5% compared with the same month last year, according to the latest figures from the Birmingham Assay office.

Gold hallmarked pieces decreased 17.2% from 355,522 to 294,451 and silver items decreased 24.1% from 377, 587 to 286,401.

Palladium hallmarking also slumped by 83% from 3,123 pieces to 530 items hallmarked.

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Platinum was the only metal to see an increase following a 22.4% surge from 26,383 pieces hallmarked to 32,297.

Overall hallmarking in September decreased from 762,615 to 613,679 pieces.

September 19 Sep 20 Variance %
Gold
999 145 112 -33 -22.8
990 3 2 -1 -33.3
916 29,246 28,258 -988 -3.4
750 70,477 59,627 -10,850 -15.4
585 9,959 18,055 8,096 81.3
375 254,692 188,397 -57,295 -23.3
255,522 294,451 -61,071 -17.2
Silver
999 2,255 1,879 -376 -16.7
958 874 966 92 10.5
925 374,448 283,544 -90,904 -24.3
800 10 12 2 20
377,587 286,401 -91,186 -24.1
Platinum
999 15 2 -13 -86.7
950 26,350 32,261 5,911 22.4
900 12 22 10 83.3
850 6 12 6 100
26,383 32,297 5,914 22.4
Palladium
999 0 0 0 0
950 2,350 255 2,095 -89.1
500 773 275 -498 -64.4
3,123 530 -2,593 -83
Totals 762,615 613,679 -148,936 -19.5

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