Economy

Hallmarking figures drop by 11% in November

The volume of jewellery hallmarked by the four UK assay offices fell by an average of 11% in November compared with the same period the previous year, according to figures compiled by the Birmingham Assay Office.

The average volume of gold pieces hallmarked fell by 12.1% to 492,537 compared with 560,402 the previous year. Palladium dropped by a marked 31.7%, platinum 10.1% and silver 9.8%.

Overall the volumes fell from 1,196,702 in November 2016 to 1,064,578 in November this year, one of the steepest drops in the last 12 months.

Full hallmarking figures listed below:

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Alessandro Carrara

Alessandro is a trained journalist just getting started in the writing arena. He’s madly obsessed with Japanese culture, a passionate reader and adores niche video games. When he isn't getting sore thumbs from playing classic Nintendo games, he’s working as an editorial assistant for Mulberry Publications. Feel free to drop him a line with any story ideas.

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