The variety of items hallmarked within the UK fell 7.7% in March in contrast with the identical interval final yr, based on knowledge from the Birmingham Assay Workplace.
The whole variety of items hallmarked was 546,530, down from 591,874 final yr and comes after hallmarking fell 4.1% in February.
The whole variety of silver items hallmarked barely dipped by 1.9% from 262,804 in March 2023 right down to 257,861, a decline of 4,943.
Silver 999 dropped essentially the most within the class, falling 28.8% from 2,844 items hallmarked final yr in comparison with 2,025 this yr.
Gold hallmarking additionally declined 12.3% from 296,203 to 258,802, a drop of 36,401.
Gold 999 noticed a serious decline of 48% from 1,046 items hallmarked right down to 544.
Moreover, Platinum had the steepest decline of any of the metals, from 32,662 down 28,186, a lower of 13.7%.
Lastly, Palladium additionally noticed a lower of seven.7% from 591,874 to 546,530 items hallmarked.