The federal government has lifted the ban on the import and export of gold, officials confirmed on Saturday. The Ministry of Commerce issued the order following approval from the federal cabinet.
In addition, the government has introduced some amendments related to the trade of precious metals and jewellery, while maintaining the existing framework for their import and export.
The ban on gold trade was initially imposed on May 6, 2025, after complaints of smuggling surfaced.
The ministry had suspended the SRO regulating gold trade for 60 days. However, no new cases of smuggling have been reported in recent months.
Gold continues to serve as a traditional store of value and remains an important part of Pakistan’s cultural, financial, and manufacturing sectors.
Pakistan predominantly imports gold from the UAE, Switzerland, and other major gold-trading hubs.
