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Hallmarking rose by an average of 13% in January 2018 compared with the same period the previous year, according to figures compiled by the Birmingham Assay Office.
The average volume of silver pieces hallmarked rose considerably by 29% to 425,631 compared with 330,067 the previous year. Palladium on the other hand decreased by 33.1% to 6,536.
However, the much higher value categories of platinum and gold both dropped by a marked 5.9% to 20,908 and 4.5% to 239,022 respectively.
Overall the volumes rose from 612,340 in January 2017 to 692,097 in January 2018, indicating a positive start to the year.
Full hallmarking figures listed below:
| Month Jan -17 | Month Jan -18 | Variance | % | |
| Gold | ||||
| 999 | 12 | 105 | 93 | 775 |
| 990 | 0 | 6 | 6 | 100 |
| 916 | 30,953 | 30,993 | 40 | 0.1 |
| 750 | 53,076 | 56,703 | 3,627 | 6.8 |
| 585 | 6,894 | 7,418 | 524 | 7.6 |
| 375 | 159,351 | 143,797 | -15,555 | -9.8 |
| 250,287 | 239,022 | -11,265 | -4.5 | |
| Silver | ||||
| 999 | 2,083 | 2,814 | 731 | 35.1 |
| 950 | 496 | 1,273 | 777 | 156.7 |
| 900 | 327,486 | 421,536 | 95,564 | 28.7 |
| 850 | 2 | 8 | 6 | 300 |
| 330,067 | 425,631 | 95,564 | 29 | |
| Platinum | ||||
| 999 | 2 | 6 | 4 | 200 |
| 950 | 22,205 | 20,891 | -1,314 | -5.9 |
| 900 | 10 | 10 | 0 | 0 |
| 850 | 1 | 1 | 1 | 100 |
| 22,217 | 20,908 | -1,309 | -5.9 | |
| Palladium | ||||
| 999 | 0 | 1 | 1 | 100 |
| 950 | 7,351 | 5,087 | -2,264 | -30.8 |
| 500 | 2,418 | 1,448 | -970 | 98.7 |
| 9,769 | 6,536 | -3,233 | -33.1 | |
| Totals | 612,340 | 692,097 | 79,757 | 13 |
