Maps
Magazine

TRADE & ECONOMY

Govt Lifts Ban on Gold Import and Export After Cabinet Approval
Pakistan lifts its months-long ban on gold import and export as the Commerce Ministry restores the suspended SRO and updates trade rules for precious metals.
MH
by Muhammad Hashir
2025-11-22
Govt Lifts Ban on Gold Import and Export After Cabinet Approval

The federal government has officially lifted the ban on the import and export of gold, months after suspending all cross-border trade of the precious metal. Following federal cabinet approval, the Ministry of Commerce issued a notification on Saturday, restoring the earlier SRO that governs international gold trade.

According to the notification, the suspended SRO regulating trade in gold has been reinstated, effectively reopening channels for both import and export. The government has also introduced several amendments related to the trade of precious metals and jewellery.

The Commerce Ministry clarified that while the overarching framework for gold and precious metal trade will remain intact, steps have been taken to enhance transparency and increase automation in the process. These measures are aimed at ensuring better monitoring and governance of the sector.

The ban on gold import and export was originally imposed in May this year. At that time, the Ministry of Commerce suspended the SRO for 60 days on May 6, 2025.

According to sources, the restrictions were introduced following complaints of large-scale gold smuggling. Officials believe the updated framework and strengthened monitoring mechanisms will help curb illegal trade while allowing legitimate business activity to resume.

With the ban now lifted, traders and industry stakeholders are expected to see renewed activity in the gold market, although the government has emphasised that oversight mechanisms will remain strict.
Tagged:

PakistanEconomy

GoldTrade

CommerceMinistry

GoldImport
Share News: