Pakistan’s Gold Imports Rise by 19.82% in Four Months
ISLAMABAD: Pakistan’s gold imports surged by 19.82% during the first four months of the current fiscal year compared to the same period last year, as per data released by the Pakistan Bureau of Statistics (PBS).
From July to October 2024-25, gold imports were valued at $10.644 million, up from $8.883 million during the same period in 2022-23. This increase is also reflected in quantity, with 148 kilograms imported, marking a 6.94% rise compared to 138 kilograms last year.
On a year-on-year basis, gold imports in October 2024 rose by 32.32%, reaching $2.096 million, compared to $1.584 million in October 2023. However, in terms of quantity, imports declined by 9.29% to 24 kilograms, down from 26 kilograms in October 2023.
Month-on-month figures showed a sharp decline. Gold imports in October 2024 fell by 54.63% compared to September’s $4.610 million. Similarly, in quantity, October saw a 64.80% drop, with imports decreasing to 24 kilograms from September’s 67 kilograms.
The PBS data highlights fluctuations in gold import trends, indicating both growth over the long term and short-term variability.
