Pakistan to Resume Gold and Jewellery Trade — Major Relief for Traders and Exporters
In a long-awaited development, the federal government has officially decided to resume gold and jewellery trade in Pakistan, bringing months of uncertainty in the precious metals sector to an end. This move marks a major breakthrough for exporters, traders, and craftsmen whose businesses were paralyzed following the suspension of trade regulations earlier this year.
The revival of the gold and jewellery trade resumption Pakistan policy is expected to restore confidence in the market, attract foreign buyers, and stabilize local gold prices, which had been fluctuating due to restricted imports and regulatory ambiguity.
A Long-Awaited Decision Brings Relief
After several rounds of high-level discussions, the Prime Minister’s Office has authorized the Ministry of Commerce to lift the three-month suspension on the gold and jewellery trade, paving the way for renewed exports and imports. The official summary has been sent to the Economic Coordination Committee (ECC) for final approval — a procedural step that’s widely expected to pass without objection.
This decision comes as a major relief for gold traders and jewellery exporters in Pakistan, many of whom had been struggling to meet international commitments. The announcement has been welcomed across the board, signaling a potential turnaround for a sector that contributes significantly to the country’s non-textile export portfolio.
Background: The Trade That Went Silent
The gold trade news Pakistan 2025 story began earlier this year when the government suspended SRO 760(1)/2023, the statutory order that provided the legal framework for gold and jewellery exports.
Originally designed to regulate the import of raw gold and export of finished jewellery, SRO 760 was temporarily put on hold for a “policy review.” The suspension was meant to address compliance gaps but inadvertently froze all formal trade in the process.
During the suspension, exporters reported losing foreign orders, artisans faced unemployment, and small workshops shut down due to lack of raw material supply. Despite repeated appeals from business chambers and jewellery associations, trade remained suspended for nearly three months — until now.
Government Steps In: Consultations and Consensus
Realizing the scale of economic disruption, the Prime Minister’s Office intervened in mid-2025 and directed the Ministry of Commerce to engage all stakeholders in consultations.
A series of meetings were held with representatives from the All Pakistan Small Gems Jewellers and Tools Association, the Pakistan Gems and Jewellery Exporters Council, and key financial institutions. After weeks of deliberation, consensus was reached: the gold trade should resume immediately, but under stronger verification and monitoring rules.
By early October 2025, the Ministry of Commerce finalized its proposal to restore gold and jewellery trade in Pakistan and submitted it to the ECC for approval. The new framework now includes a digitized tracking system, aimed at bringing transparency and stability to the sector.
Read More: Pakistan Gold Price Today 21 October 2025 – Latest Per Tola & Gram Prices
The Policy in Detail: Strengthening Oversight and Transparency
According to official sources, the revised policy will focus on three pillars: verification, digitization, and compliance.
1. Verification of Trade
All gold imports and jewellery exports will pass through a digital verification system. This will ensure that only licensed traders can import raw gold and export finished goods. The system will cross-check bank records, customs data, and tax filings in real time.
2. Digitization of Records
The government plans to introduce a centralized digital platform that connects the Commerce Ministry, Customs, and State Bank of Pakistan. This integration will eliminate manual record-keeping, reduce corruption, and simplify the export process.
3. Compliance with Global Standards
Pakistan’s revised government gold policy 2025 also aligns with international norms on anti–money laundering and conflict-free gold sourcing. Exporters will be required to certify the origin and purity of their materials, boosting credibility in international markets.
Jewellery Exporters React: “A Breath of Fresh Air”
The announcement of the jewellery export Pakistan update has sparked optimism across the industry.
Leading gold exporters in Karachi, Lahore, and Peshawar described the decision as “a breath of fresh air” after months of stagnation. Artisans who specialize in handcrafted jewellery — a niche that gives Pakistan a competitive edge — are particularly relieved, as export orders from Gulf and European buyers are now expected to resume.
One exporter commented,
“This decision not only saves thousands of jobs but also restores international trust in Pakistan’s jewellery craftsmanship. We’ve already started receiving inquiries from buyers who had put contracts on hold.”
Economic Impact: Reviving a Precious Sector
The resumption of gold trade is likely to provide a significant boost to Pakistan’s export earnings and local employment. Before the suspension, the jewellery and precious metals sector was contributing nearly $800 million annually in exports.
Experts estimate that if the market stabilizes and policy consistency is maintained, this figure could rise to $1 billion within a year.
Moreover, the gold market reopening Pakistan is expected to improve foreign exchange inflows and help reduce the trade deficit, as jewellery exports carry high value with minimal import dependency.
The move also signals a positive step for small and medium enterprises (SMEs) in the gems and jewellery sector, many of which were on the brink of collapse during the suspension period.
SRO 760 Reinstatement: A Turning Point for Policy Stability
At the core of this policy revival lies the reinstatement of SRO 760, which had governed gold and jewellery trade regulations since 2023. The suspension of the SRO in May 2025 was initially justified as a procedural review. However, the resulting trade freeze highlighted the vulnerability of Pakistan’s export ecosystem to sudden policy changes.
By reinstating SRO 760 and modernizing its framework, the government has not only reopened the doors for trade but also sent a strong signal about its commitment to regulatory continuity. This is expected to enhance investor confidence and attract long-term investments in gold refining, jewellery manufacturing, and design technology.
The Role of the ECC: Final Step Before Implementation
The Economic Coordination Committee (ECC) will now give the final nod to the policy. The ECC’s approval is typically a formality once the Prime Minister’s Office and Commerce Ministry agree on terms. Officials close to the matter suggest that the summary could be cleared within the next week.
Once approved, the Ministry of Commerce will issue an official notification to restart import and export operations under the revised guidelines. This will mark the formal reopening of Pakistan’s gold and jewellery trade after a three-month freeze.
Read More: Today Gold Price in Pakistan – 24K & 22K Rate Per Tola and Gram (Updated October 2025)
Industry Associations Praise Government’s Response
The gold traders relief news Pakistan has been met with appreciation from trade associations across the country. The All Pakistan Gems and Jewellery Association thanked the government for engaging the private sector and addressing long-standing issues through consultation instead of unilateral decisions.
They also highlighted that the government’s decision to condone the suspension period would protect traders from legal complications related to export commitments made during the freeze.
Stabilizing the Gold Market: What Happens Next
The reopening of gold trade is expected to bring much-needed stability to domestic gold prices, which have been volatile in recent months. With official imports resuming, supply constraints in the bullion market will ease, narrowing the gap between local and international prices.
Economists predict that gold prices could stabilize by early November, benefiting both retailers and consumers ahead of the winter wedding season — a period of peak demand in the jewellery industry.
At the same time, the resumption of exports could improve the overall performance of Pakistan’s current account by boosting non-textile export revenues.
Ensuring Long-Term Growth: Challenges and Opportunities
While the gold and jewellery trade resumption Pakistan decision is widely welcomed, experts caution that the government must ensure policy consistency and strong enforcement to prevent misuse of trade channels.
They recommend that the new verification and audit system be fully implemented across all provinces and linked to the National Single Window for seamless documentation.
If executed properly, the government gold policy 2025 could transform Pakistan into a regional jewellery hub, competing with major players like India, the UAE, and Thailand. With its rich craftsmanship tradition and skilled labour force, the country has the potential to expand from simple exports to branded luxury products.
Parliamentary Oversight and Transparency
The National Assembly’s Standing Committee on Commerce has also shown support for the policy’s revival, emphasizing the need for better transparency and coordination between the Ministry of Commerce, the State Bank, and customs authorities.
Committee members stressed that trade policy in strategic sectors like gold should not be suspended abruptly in the future, as such actions disrupt both local industry and international credibility.
A Step Toward Economic Confidence
In a broader economic context, the Pakistan to Resume Gold and Jewellery Trade decision reflects a shift in the government’s approach toward stability and export growth. By resolving this long-standing issue, the administration has demonstrated its willingness to prioritize business confidence and global competitiveness.
For traders, artisans, and exporters, this isn’t just the reopening of trade — it’s the restoration of opportunity. Thousands of small workshops can now resume work, export houses can revive foreign orders, and Pakistan can once again present its gold artistry to the world.
Final Word: A Golden Opportunity for Pakistan
The government’s move to resume gold and jewellery trade is more than just a policy correction; it’s a symbol of resilience and reform. By coupling regulatory oversight with stakeholder engagement, Pakistan is taking a step toward building a more transparent, sustainable, and globally competitive jewellery sector.
If the government continues this path of steady regulation and digital integration, the future of Pakistan’s jewellery exports looks brighter than ever. The gold trade news Pakistan 2025 headlines may focus on policy approval, but its real story lies in the thousands of artisans who will once again see their craft shine on the international stage.
