Hallmarking hunch narrows to 1.8% in March

The full variety of objects hallmarked by the 4 UK Assay Workplaces noticed a modest decline of 1.8% in March in contrast with 16.8% in February.

In whole 5,36,442 items of jewelry had been hallmarked in March 2025 in contrast with 5,46,530 in 2024, a decline of 10,088.

Gold hallmarking was up 5.2% from 2,59,802 items hallmarked to 2,73,389. Solely gold 999 and 990 noticed a 47.6% and 75.0% lower in hallmarking numbers, whereas gold 585 noticed a 15.1% enhance in contrast with final 12 months.

In the meantime, the entire variety of silver items hallmarked noticed a decline of 10.3% from 2,57,861 right down to 2,31,273.

Silver 800 recorded the largest lower of fifty% adopted by silver 958 (28.9%), 999 (20.8%) and 925 (10.2%).

Moreover, platinum noticed a rise in hallmarking of 9.9% from 28,186 to 30,989, whereas the entire variety of palladium items hallmarked additionally elevated 16.2% from 681 to 791.

The 4 UK Assay Workplaces are based mostly in Birmingham, Sheffield, London and Edinburgh.