UK Hallmarking Figures and Trends

Quarterly Hallmarking Figures / April to June 2011

HALLMARKING VOLUMES CONTINUE TO DECLINE...

Hallmarking figures showed a further serious decline in the second quarter with total volumes down 29.6%, 950,000 units less than 2010.

This followed a drop of 12.6% in the first quarter and reflects the combined impact of the squeeze on disposable income and the soaring metal prices which particularly affected silver after prices rocketed to over £29 per ounce in April. Despite this silver still represented 55% of the articles hallmarked.

Work dealt with by the Assay Offices of Great Britain, for the Quarter April to June 2011.

The UK Hallmarking figures are one of the most reliable indicators as to trends in the trade.  Figures shown demonstrate overall trends during the last five years and also trends for gold, silver and platinum individually.


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