From July to October 2024-25, gold imports were valued at $10.644 million, up from $8.883 million during the same period in 2022-23. This increase is also reflected in quantity, with 148 kilograms imported, marking a 6.94% rise compared to 138 kilograms last year.
On a year-on-year basis, gold imports in October 2024 rose by 32.32%, reaching $2.096 million, compared to $1.584 million in October 2023. However, in terms of quantity, imports declined by 9.29% to 24 kilograms, down from 26 kilograms in October 2023.
Month-on-month figures showed a sharp decline. Gold imports in October 2024 fell by 54.63% compared to September’s $4.610 million. Similarly, in quantity, October saw a 64.80% drop, with imports decreasing to 24 kilograms from September’s 67 kilograms.
The PBS data highlights fluctuations in gold import trends, indicating both growth over the long term and short-term variability.
