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Gold drives down hallmarking figures for second month

The quantity of gold articles hallmarked across all four UK Assay Offices in the UK fell dramatically by -30.5% during the second month of the year, driving down the hallmarking total for the month.

According to the latest figures compiled and supplied by AnchorCert Group at Assay Office Birmingham, a total of 280,283 fewer gold articles were hallmarked in February 2017 compared to the same month in 2016, the second biggest fall this year.

Both silver and platinum also saw a decline in February 2017, falling -20% and -3.2% respectively.

However, palladium increased by 7.6% in February.

Overall, the hallmarking total was down by -24.8%, with 576,610 fewer articles hallmarked throughout February 2017.

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