Hallmarking down 3% in April 2018 as silver takes hit

24

Figures compiled by Assay Office Birmingham for April 2018 show a decrease in items hallmarked compared to the same period last year.

Overall, the number of units hallmarked by the four UK Assay Offices in April 2018 was down by 3%.

Gold and platinum actually posted double digit growth of 12.1% and 10.9% respectively, but the number of silver articles hallmarked dipped by 13.8%, and palladium was down by 21.6%.

The full results can be seen below…

UK hallmarking figures April 2018 vs April 2017

Gold 24ct (999) – down 23.1% (40 items) 24ct (990) – up 300% (4 items) 22ct (916) – up 10% (33,420 items) 18ct (750) – up 8.6% (66,128 items) 14ct (585) – up 117.3% (15,803 items) 9ct (375) – up 13.7% (184,147 items)

Total gold items – up 12.1% (299,542 items)

Silver  Fine silver (999) – down 48.0% (938 items) Britannia silver (958) – down 14.9% (731 items) Sterling silver (925) – down 13.7% (334,034 items) 800 parts silver – up 1027.3%% (124 items)

Total silver items – down 13.8% (335,827 items)

Platinum 999 parts – down 90.9% (1 item) 950 parts – up 10.9% (24,417 items) 900 parts – up 50.0% (18 items) 850 parts – up 136.4% (26 items)

Total platinum items – up 10.9% (24,462 items)

Palladium 999 parts – Neutral (0 items) 950 parts – down 15.2% (4,877 items) 500 parts – down 50.2% (636 items)

Total palladium items – down 21.6% (5,513 items)

Total items hallmarked in April 2018: 665,344 – down 3.0%