Gold imports up 38.05% in 4 months



The imports of gold during the first four months of the current fiscal year increased by 38.05 per cent compared with the same period of last year.

During the period July-October, 2015-16, 242 kg gold worth of $9.198 million was imported while during the same period of last year, 160 kg gold worth $6.663 million was imported, according to data released by Pakistan Bureau of Statistics (PBS).

Likewise on month on month basis, gold import decreased by 22.54 per cent in October as compared to that of September 2015.

The import of gold import decreased from $2.725 million in September to $2.106 million in October.

Similarly on year-on-year basis, gold imports decreased by 25 per cent, coming down from $2.808 million in October 2014 to $2.106 million in October 2015.