The Birmingham Assay Office

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Quarterly Hallmarking Figures / July to September 2010

FORECASTING A WHITE CHRISTMAS

Hallmarking volumes were again down, dropping by 230,000 units against the same quarter last year, decreasing to 3.64 million items. Most of the decline was in gold, high prices driving volume down by 14% or 220,000 Units. Palladium compared poorly with 2010 when many retailers were recalling stock for the newly registered hallmark. Silver remained strong maintaining last year’s volumes and representing 57% of articles hallmarked- a trend that looks set to continue.

Work dealt with by the Assay Offices of Great Britain, for the Quarter July-September 2010