The federal government has lifted the ban on the import and export of gold, reversing restrictions imposed earlier this year.
Officials confirmed that the Ministry of Commerce issued a new notification after receiving approval from the federal cabinet.
According to the ministry, the decision restores the suspended SRO that governs international trade in gold.
The notification brings new amendments for precious metal trade, while the existing framework continues with improved transparency and automation.
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The original ban was enforced in May, when the Ministry of Commerce halted gold trade for 60 days over concerns related to smuggling.
Sources familiar with the matter said the latest reversal follows a review of those concerns and the implementation of additional safeguards to prevent future violations.
The government expects the updated rules to stabilise the sector while ensuring stricter compliance across the gold supply chain.
