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Hallmarking fell by an average of 7.4% in December 2017 compared to the same period in the previous year, according to figures compiled by the Birmingham Assay Office.
The average volume of gold hallmarked in December fell by 6.9% to 322,033 compared with 346,082 the previous year.
Silver fell by the same percentage, while the volume of platinum also decreased by 7.2%. Palladium fell by 58% which took the articles from 7,187 to 3,015.
Overall the volume fell from 781, 273 in December 2016 to 723,371 in December this year.
Full hallmarking figures listed below: