Web Desk — November 22, 2025
The federal government has officially ended the months-long suspension on gold imports and exports, providing a major boost to the jewelry sector and potentially stabilizing domestic prices.
Following approval from the federal cabinet, the Ministry of Commerce issued a notification on Friday reinstating SRO 760(I)/2013, which governs the trade of precious metals, jewelry, and gemstones. This reverses the May 2025 suspension under SRO 760(I)/2025, imposed for 60 days to curb alleged smuggling but extended amid ongoing concerns.
The decision comes after a sharp drop in smuggling reports, with no major incidents in recent months, allowing authorities to restore normal trade procedures. Minor amendments have been introduced to enhance transparency and automate the process, while the overall framework for precious metals and jewelry remains intact.
Under the revived entrustment scheme, exporters can now access full 120-day entitlements for importing gold supplied by foreign buyers, expected to revive Pakistan’s $10.94 million jewelry export sector – up 58% year-on-year in the first nine months of FY2025.
