The whole variety of gadgets hallmarked by the 4 UK Assay Places of work dropped 12.2% in August.
In complete 778,960 items of jewelry had been hallmarked in August 2023 in contrast with 886,746 in August 2022, a decline of 107,786.
Gold hallmarking dropped 11.2% from 364,652 items hallmarked right down to 323,993.
Nonetheless, gold 916 noticed a 19% enhance in hallmarking numbers however gold 375 noticed a 17.7% lower in contrast with final 12 months.
The whole variety of silver items hallmarked additionally noticed a decline, a drop of 12.4% from 485,663 right down to 425,200.
All classes of silver noticed a decline in hallmarking with silver 925 seeing a lower of 12.4%.
Platinum noticed a decline in hallmarking of 18.3% from 36,094 right down to 29,488 whereas palladium noticed a lower of 12.2% from 886,746 to 778,960.
The 4 UK Assay Places of work are primarily based in Birmingham, Sheffield, London and Edinburgh.