Hallmarking down 13% compared to last year
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Hallmarking figures for the month of April has shown a 13.2% decrease when compared to the same period last year.
Figures from the Birmingham Assay office showed there was a decrease among all metals apart from silver, which saw an increase of 19.2%. There were 62,636 more silver pieces hallmarked bringing the number up to 389,707.
Gold suffered the largest drop with a decrease of 37.5%, whereas platinum and palladium fell by 13.6% and 32.1% respectively.
In March, there was a total of 732,776 hallmarked articles whereas April recorded 686,039.
Compared to the same period last year, April saw hallmarking drop by 104,555 articles.
