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86.83% decline: Gold import reduces from 4,265kg to 578kg in 2014-15

byCustoms Today Report
09/08/2015
in Business
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KARACHI: The country’s gold import has decline by 86.83 per cent from 4,265kg during July-June 2013-14 to 578kg in the year 2014-15. However, experts observed that gold demand will take rise in upcoming season and ultimately it will increase the import of gold.

According to a data released by the Pakistan Bureau of Statistics (PBS), the gold import was recorded at $23.327 million during the period under review as compared to that of $177.131 million during same period of last year).

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On month on month and year on year basis the gold import increased by 37.06 percent in June 2015 as against June 2014 whereas it decreased by 28.74 percent in the period under review as against May 2015.

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