Gold imports fall by 48pc in Q3FY21

ISLAMABAD: Gold imports decreased by 48.10 per cent during the first three quarters of the current fiscal year (Q3FY21) as compared to the corresponding period of last year.

Gold imports during July-March FY21 were recorded at $5.9467 million against the imports of $11.459 million during July-March FY20, according to the latest data of Pakistan Bureau of Statistics (PBS).

In terms of quantity, gold imports shrunk 63.97pc, from 272kgs last year to 98kgs during the period under review.

However, on a year-on-year basis, the import of gold increased by 135.69pc in March 2021 when compared to the imports of March 2020. Gold imports during March 2021 were recorded at $0.634 million against the imports of $0.269 million in March last year.

 

 

Must Read

Nishat Mills plans sale of hospitality division and expansion into Türkiye

The leading textile firm announces strategic moves, including the establishment of a subsidiary in Türkiye and a liaison office in Bangladesh, alongside financial results revealing a decline in profit

PSX loses 365 more points