Pakistan Gold Imports Decline 6% In First Half of Fiscal Year 2024

The imports of gold decreased by 6.02 percent for Pakistan during the first half of the current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported.

The gold imports during the July-December (2023-24) were recorded at $ 13.562 million as compared to the imports of $14.431 million during July-December (2022-23), according to PBS data.
In terms of quantity, Pakistan imported 240 kilograms of gold during the period under review as compared to the imports of 239 kilograms last year, showing increase of 0.54 percent.

https://googleads.g.doubleclick.net/pagead/ads?client=ca-pub-9153742691569194&output=html&h=280&adk=873949858&adf=2173346882&pi=t.aa~a.1628219094~i.9~rp.4&w=752&fwrn=4&fwrnh=100&lmt=1706120273&num_ads=1&rafmt=1&armr=3&sem=mc&pwprc=8489055150&ad_type=text_image&format=752×280&url=https%3A%2F%2Faugaf.com%2Fpakistan-gold-imports-decline-6-in-first-half-of-fiscal-year-2024%2F&host=ca-host-pub-2644536267352236&fwr=0&pra=3&rh=188&rw=752&rpe=1&resp_fmts=3&wgl=1&fa=27&uach=WyJXaW5kb3dzIiwiMTUuMC4wIiwieDg2IiwiIiwiMTIwLjAuNjA5OS4yMjUiLG51bGwsMCxudWxsLCI2NCIsW1siTm90X0EgQnJhbmQiLCI4LjAuMC4wIl0sWyJDaHJvbWl1bSIsIjEyMC4wLjYwOTkuMjI1Il0sWyJHb29nbGUgQ2hyb21lIiwiMTIwLjAuNjA5OS4yMjUiXV0sMF0.&dt=1706135995600&bpp=2&bdt=1782&idt=-M&shv=r20240122&mjsv=m202401180101&ptt=9&saldr=aa&abxe=1&cookie=ID%3Dc024d0a1a0e3f7fd-22c9a07715dc0090%3AT%3D1676258773%3ART%3D1705929926%3AS%3DALNI_MYpx5PHxIHnun9xhOks2Dtdz174LQ&gpic=UID%3D00000bd93602ec3f%3AT%3D1676258773%3ART%3D1705929926%3AS%3DALNI_MYf-GO2uwGHHHZhB36P6L1KahyZ8Q&prev_fmts=0x0%2C1200x280&nras=3&correlator=5299519354296&frm=20&pv=1&ga_vid=1484711174.1676258778&ga_sid=1706135995&ga_hid=771571117&ga_fc=1&u_tz=300&u_his=3&u_h=800&u_w=1280&u_ah=752&u_aw=1280&u_cd=24&u_sd=1.5&dmc=8&adx=45&ady=1571&biw=1263&bih=631&scr_x=0&scr_y=13&eid=44759876%2C44759927%2C31079437%2C31080590%2C42532524%2C95320868%2C95321626%2C95322165%2C31078663%2C31078665%2C31078668%2C31078670&oid=2&pvsid=920270996025556&tmod=915843894&uas=3&nvt=1&ref=https%3A%2F%2Faugaf.com%2F&fc=1408&brdim=0%2C0%2C0%2C0%2C1280%2C0%2C1280%2C752%2C1280%2C631&vis=1&rsz=%7C%7Cs%7C&abl=NS&fu=128&bc=31&bz=1&td=1&psd=W251bGwsbnVsbCxudWxsLDNd&nt=1&ifi=3&uci=a!3&btvi=1&fsb=1&dtd=12

On year-on-year basis, the gold imports decreased by 76.06 percent in December as compared to the same month of last year. The gold imports during December 2023 were recorded at $0.780 compared to imports of $3.259 million.

In terms of quantity, the gold imports declined by 75 percent to 12 kilograms in December 2023 as compared to the imports of 48 kilogram during December 2022 2023.

On month-on-month basis, the gold imports during December 2023 decreased by 79.99 percent when compared to the imports of $3.899 million in November 2023.

In terms of quantity, the gold imports declined by 80 percent when compared to the imports of 60 kilogram during November 2023.

spot_img

More like this

Gold price in Pakistan drops by Rs4,500 per tola...

Domestic bullion has started 2024 on a negative note as the price of 24-karat gold has dropped...

Gold rates increase by Rs. 300 per tola

The per tola price of 24 karat gold increased by Rs. 300 and was sold at Rs....

Gold prices in Pakistan decline for second consecutive day

Gold prices in Pakistan continued to decline for the second consecutive day after the rupee made massive...