Gold imports up by 147% to $11m in seven months

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The gold imports increased by 147.88 percent during the first seven months of the current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported.

The gold imports during July-January (2021-22) were recorded at $11.732 million as compared to the imports of $4.733 million during July-January (2020-21), according to the data.

In terms of quantity, Pakistan imported 195 kilograms of gold during the period under review as compared to the imports of 77 kilograms last year, showing positive growth of 147.88 percent.

Meanwhile, on year-on-year basis, the gold imports witnessed an increase of 392.59 percent during the month of January 2022.—APP

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