KARACHI: Pakistan’s gold and jewellery export sector is facing a severe crisis following the abrupt suspension of SRO 760 on May 6, which halted imports of raw gold and stalled export consignments.

According to Pakistan Bureau of Statistics (PBS) data, no gold was imported in June or July. Only nine kilograms of gold worth $927,000 were imported in May — primarily shipments made before the SRO’s suspension.

In contrast, gold imports in July 2024 had stood at $2.2 million.

Jewellery exports have also plunged. PBS data shows exports totalled just $17,000 in July 2025, $27,000 in June, and $617,000 in May — down sharply from $2.6m in July 2024.

FPCCI warns of reputational damage, legal action from global........

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