Hallmarking falls 16.8% in February

The overall variety of objects hallmarked by the 4 UK Assay Places of work dropped 16.8% in February.
In complete 457,144 items of jewelry had been hallmarked in February 2025 in contrast with 549,539 in 2024, a decline of 92,395.
Gold hallmarking fell by 7.9% from 260,662 items hallmarked all the way down to 240,098. Gold 999 noticed a 75.2% lower in hallmarking numbers, whereas gold 585 noticed a 97.1% improve in contrast with final 12 months.
In the meantime, the entire variety of silver items hallmarked additionally noticed a decline of 28.6% from 264,310 all the way down to 188,742.
Regardless of the general lower within the silver class, silver 800 recorded the largest improve of 500%.
Moreover, platinum noticed a rise in hallmarking of 15.9% from 23,949 to 27,573, whereas palladium noticed a lower of 10.8% from 618 to 551.
The 4 UK Assay Places of work are primarily based in Birmingham, Sheffield, London and Edinburgh.