Islamabad, Sep 22: Rising global prices have led to a sharp decline in Pakistan’s gold imports. According to official documents, gold imports have fallen by 41.64% annually. In August, only 22 kilograms of gold were imported, totaling an import bill of $1.742 million.
This marks a significant drop from the 47 kilograms imported during the same month last year, which cost $2.985 million.
In July, Pakistan imported 32 kilograms of gold with an import bill exceeding $2.196 million.
The cumulative gold imports for July and August of the current fiscal year amounted to 54 kilograms, worth $3.938 million. This represents a 20.78% decline compared to the 77 kilograms imported during the same period last year.
