Hallmarking edges up in February as number of gold articles jump

hallmarking

 

The total number of hallmarked items rose by 0.8% in February, an increase of 5,970 articles compared with February 2015.

That’s according to the latest figures released today by the four UK assay offices, and compiled by the Birmingham Assay Office, which found there was a total of 766,310 articles hallmarked in February compared with 760,340 in the same month last year.

The number was pushed up by a strong performance for the high-value category of gold, with 22-carat and 14-carat reporting increases of 45.1% and 33%, respectively. 18-carat was the only type of gold to report a decline in hallmarking, down 1.8%.

In total, the number of gold articles hallmarked climbed 29,506 to 403,168, up 7.9% from the 373,662 articles hallmarked in February 2015.

Silver reported a decline of 6.9% as the number of hallmarked items fell by 24,801, while palladium reported the greatest decline in the number of hallmarked items, down 3,600 (26%) when compared with last year.

Meanwhile, platinum reported the greatest increase in the number of items hallmarked – up from 20,385 last year to 23,985, an increase of 17.7%.

Month Month   Variance %
Feb-15 Feb-16
Gold
999 113 150 37 32.7
990 0 0 0 0.0
916 34,582 50,191 15,609 45.1
750 67,524 66,287 -1,237 -1.8
585 7,513 9,990 2,477 33.0
375 263,930 276,550 12,620 4.8
373,662 403,168   29,506   7.9
Silver
999 1,168 1,924 756 64.7
958 1,128 623 -505 -44.8
925 354,982 329,861 -25,121 -7.1
800 38 107 69 181.6
357,316 332,515 -24,801 -6.9
Platinum
999 25 0 -25 -100.0
950 20,327 23,975 3,648 17.9
900 24 7 -17 100.0
850 9 3 -6 -66.7
20,385 23,985 3,600 17.7
         
Palladium
999 0 3 3 100.0
950 8,001 5971 -2,030 -25.4
500 976 668 -308 -31.6
  8,977 6642 -2,335 -26.0
760,340 766,310   5,970   0.8

 

[Source:- Jewelleryfocus]