Friday, February 3, 2023
HomeJewelryVariety of hallmarked items reaches 11-year excessive in Q1

Variety of hallmarked items reaches 11-year excessive in Q1


The whole variety of items hallmarked in 2022 Q1 is the very best in 11 years, with complete items climbing 109.1% to 2,597,104 complete items from 1,242,326 seen in the identical interval in 2021, in keeping with the most recent figures from the Birmingham Assay workplace.
It comes after the whole variety of items hallmarked in March rose from 493,423 to 922,645, up 87%.

Gold hallmarked items in March 2022 rose 79.5% from 214,697 to 388,986, in step with its Q1 2022 79.5% rise from 559,932 to 1,004,826.

In the meantime, silver additionally noticed a major rise in March, with 500,639 items representing a 90.4% rise on the 262,923 seen in 2021. This takes its complete in Q1 to 1,499,299 to this point, up 135.2% from 637,557.

Platinum hallmarked items additionally climbed 109.7% in March, in step with its 106.9% Q1 rise.
Solely palladium noticed a decline of -22.8%, nonetheless this stays 25.2% above the earlier yr.

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