ISLAMABAD, JUL 21: Gold prices in Pakistan are expected to rise even further, as official data reveals a complete halt in gold imports during recent months — raising fresh concerns over supply shortages and market volatility.
According to the Pakistan Bureau of Statistics (FBS), no gold was imported in June 2025, marking a 100% decline compared to May 2025, when only 9kg of gold had been imported. This is not the first time the country has faced a drought in gold imports. In the previous fiscal year, gold imports remained zero for three months as well.
The shortage in imports has had a direct impact on local gold prices. Over the past year, the price of 24-karat gold per tola surged by a staggering Rs116,000, rising from Rs241,000 to Rs357,000 per tola.
Import data highlights:
Gold imports in May 2025: 9kg
Import bill for May 2025: $927,000
Total gold imports in fiscal year 2024-25: 391kg
Total import bill for FY 2024-25: A little over $30 million
Total gold value imported in rupees: Rs8.78 billion
Gold imports in FY 2023-24: 262kg
Increase in imports in 2024-25 compared to 2023-24: 80.94%
