Gold import skyrockets 220.70 percent

The country's gold import skyrocketed by 220.70 percent in July-August 2015 to $4.368 million, official statistics say. The gold import is higher by $3.006 million in July-August 2015-16 from $1.362 million in July-August 2014-15, according to Pakistan Bureau of statistics. In term of volume, gold import went up by 283 percent or 88 kilograms to 119 kilograms in July-August 2015-16 from 31 kilograms in July-August 2014-15.
On a yearly basis, gold import surged by 97.28 percent or $1.325 million in August 2015 to $2.687 million as compared to the yellow metal import of $1.362 million in August 2014. Gold import volume also mounted by 135.48 million or 42 kilograms to 73 kilograms in August 2015 from 31 kilograms in August 2014.