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Gold imports increase by 38.05% to $9.198m in Q1

byCT Report
09/12/2015
in Business
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ISLAMABAD: The imports of gold into the country surged by 38.05 per cent during first four months of current (July-October) fiscal year as compared to same period of last year.

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

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Likewise on month on month basis, the gold import decreased by 22.54 percent in October as compared to that of September 2015. The gold import was decreased from $2.725 million in September 2015 to $2.106 million in October 2015.

Similarly on year-on-year basis the gold imports also decreased by 25 percent by going down from $2.808 million in October 2014 to $2.106 million in October 2015.

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