Islamabad: Pakistan has decided to restore the suspended SRO by removing obstacles imposed on the import and export of gold, which is expected to increase activity in the precious metals business once again.
The Ministry of Commerce, issuing a notification after government approval, said that the trade in gold, silver and jewellery—considered a sensitive sector of Pakistan’s foreign trade—will continue under its existing framework. According to officials, this framework includes measures to improve transparency, digital reporting and monitoring systems.
It should be noted that in May 2025, not only were import and export stopped due to concerns about gold smuggling, but the relevant SRO was also suspended for two months. However, according to sources, no new complaints related to smuggling were received in the last few months, on which the government decided to restore trade.
Analysts believe that this decision will not only stabilise the precious metals market but will also enable the export sector to become active again.
