Hallmarking Figures- An Upward Trend …

The total number of articles hallmarked across the four UK Assay Offices was up 6.3% in the quarter ended 30th September 2007 compared with the corresponding quarter in 2006.

The strongest categories were Sterling silver and Platinum. Sterling silver articles being up 26.8% and Platinum articles up 15.6%

However, the total number of gold articles hallmarked was down 3.7%. The 9ct volume market has continued to suffer in the third quarter with a decline of 5.8%.

However, 14ct and 18ct were up by 26.1% and 3.8% respectively.

Commenting on the figures, Chief Executive Michael Allchi, said: “This is an encouraging trend. 9ct gold is clearly still losing volume, but the increase in silver and higher quality gold more than compensate for it.”

Courtesy The Anchor

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