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Gold imports decline 58.54% in 4 months

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Staff Reporter

Islamabad

The imports of gold witnessed decline of 58.54 percent during the first four months of the current fiscal year as compared to the corresponding period of last year.
The gold imports during July-October (2020-21) were recorded at $2.341 million against the imports of $5.647 million during July-October (2019-20), showing a decline of 58.54 percent, according to the latest data of Pakistan Bureau of Statistics (PBS).
In terms of quantity, the gold imports shrunk by 72.34 percent by falling from 141 kilograms last year to the imports of 39 kilograms during the period under review.
Meanwhile, on year-on-year basis, the gold imports witnessed slight decrease of 0.31 percent in October 2020 when compared to the imports of October 2019.

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