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Pakistan’s gold imports down 47.79pc during July-May FY26

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LAHORE – Pakistan’s gold imports declined by 47.79 per cent during the first 11 months of fiscal year 2025-26 compared to the corresponding period last year, according to data released by the Pakistan Bureau of Statistics (PBS).

Gold imports stood at $16.09 million during July-May FY26, down from $30.82m recorded in the same period of FY25.

In volume terms, the country imported 306 kilogrammes of gold during the period under review, compared to 391kg a year earlier, representing a decline of 21.65pc.

Despite the overall contraction, gold imports posted strong growth in May on both a yearly and monthly basis.

On a year-on-year basis, imports rose by 228.38pc to $3.04m in May 2026 from $927,000 in the same month last year.

Similarly, import volumes increased by 125.93pc, rising to 20kg from 9kg in May 2025.

Compared to April 2026, gold imports increased by 28.33pc in value terms from $2.37m to $3.04m in May.

Import volumes also registered month-on-month growth, climbing 35.56pc to 20kg in May from 15kg in April, indicating a recovery in gold purchases despite the broader decline recorded during the fiscal year.

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