UK hallmarking reveals 2.4% annual fall as silver suffers

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UK hallmarking reveals 2.4% annual fall as silver suffers

Final results for last year’s hallmarking figures from the four UK Assay Offices reveals that in total, the number of items marked last year fell by 2.4%.

In total, 9,114,402 items were hallmarked in 2018 – 222,524 articles down on the year prior.

During the 12 months, silver felt the biggest loss. Overall, the number of silver articles hallmarked fell by 5.9%.

Palladium also dipped, by 26.2% respectively, while gold saw a 1.9% lift, and platinum increased by 5.3%.

View the full figures here:

Annual UK Hallmarking Figures for 2018

Gold
24ct (999) – up 129.8% (710 items)
24ct (990) – down 26.7% (129 items)
22ct (916) – down 3.5% (421,175 items)
18ct (750) – up 2.8% (828,999 items)
14ct (585) – up 21.4% (163,777 items)
9ct (375) – up 1.5% (2,698,853 items)

Total gold items – up 1.9% (4,113,643 items)

Silver
Fine silver (999) – down 4.9% (19,905 items)
Britannia silver (958) – down 11.1% (11,774 items)
Sterling silver (925) – down 5.9% (4,608,202 items)
800 parts silver – up 1.8% (689 items)

Total silver items – down 5.9% (4,640,569 items)

Platinum
999 parts – down 12.7% (62 items)
950 parts – up 8.2% (296,976 items)
900 parts – down 95.7% (322 items)
850 parts – down 61.7% (163 items)

Total platinum items – up 5.3% (297,523 items)

Palladium
999 parts – up 300% (8 items)
950 parts – down 25.6% (51,852 items)
500 parts – down 28.8% (10,807 items)

Total palladium items – down 26.2% (62,667 items)
Total items hallmarked in 2018 – down 2.4% (9,114,402 items)
UK hallmarking figures December 2018 vs December 2017

Gold
24ct (999) – up 46.7% (66 items)
24ct (990) – up 600% (7 items)
22ct (916) – down 23.2% (22,053 items)
18ct (750) – up 9.1% (63,201 items)
14ct (585) – down 15.9% (11,980 items)
9ct (375) – down 2.8% (214,974 items)

Total gold items – down 3.0% (312,281 items)

Silver
Fine silver (999) – down 45.4% (539 items)
Britannia silver (958) – up 14.5% (632 items)
Sterling silver (925) – down 1.4% (372,580 items)
800 parts silver – down 98.1% (5 items)

Total silver items – down 1.5% (373,756 items)

Platinum
999 parts – up 100% (2 items)
950 parts – up 79.2% (20,412 items)
900 parts – down 99.5% (37 items)
850 parts – down 76.5% (4 items)

Total platinum items – up 9.4% (20,455 items)

Palladium
999 parts – Neutral (0 items)
950 parts – down 51.5% (1,203 items)
500 parts – down 49.2% (270 items)

Total palladium items – down 51.1% (1,473 items)
Total items hallmarked in December 2018: 707,965 – down 2.1%

NewSource: professionaljeweller

Disclaimer: This information has been collected through secondary research and TJM Media Pvt Ltd. is not responsible for any errors in the same.