Soaring gold prices in 2025 have delivered a windfall for Pakistan’s external finances, with the country’s gold reserves now estimated at nearly $9 billion, more than double their average share of total reserves over the past decade.
According to data compiled by Topline Securities and the State Bank of Pakistan, the surge in gold’s value, up over 50% so far this year, has pushed Pakistan’s total reserves (including liquid foreign exchange) to around $23.4 billion, approaching all-time highs, according to Topline Securities.
The latest trend marks a significant shift in the composition of Pakistan’s reserves. For much of the past ten years, gold accounted for about one-third of the country’s liquid reserves.
In 2025, that share has jumped to nearly two-thirds, underscoring how the global gold rally is reinforcing Pakistan’s external buffers at a critical time.
The accompanying chart from Topline Securities illustrates this transformation, showing gold reserves climbing steadily even as liquid reserves have fluctuated.
The combined reserves asset line now sits at its highest level since early 2022, reflecting both the strength in gold and a recovery in foreign exchange holdings.
Stay Connected with ProPakistani
Get the latest business news, market insights, and economic updates wherever you prefer.
Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
Gold is actual/final currency of the world, not USD, not Bitcoin, not other.
Government should encourage people to hold gold,as government can not do much, but people can hold gold instead of government.
Big countries,big banks are buying gold,as it is safe heaven, hedge against inflation.
Government should give relaxation to hold gold,to import gold by people in Pakistan.
As USD is weakening, gold will increase many times.
This will be good for people and for the country.
جو بھی پاکستانی بیرون ممالک میں رہتے ہیں ۔ حکومت کو چاہیئے کہ ان سب کو کم سے کم 50 تولے گولڈ ان کی ہر پاکستان آمد پر لانے کی اجازت دے ۔ ویسے تو پاکستانی حکومت پر اعتماد نہیں کرتے اور پاکستان میں انویسٹمنٹ بھی نہیں کرتے ہیں ۔ لیکن گولڈ وہ ضرور لائیں گے ۔ حکومت پراپرٹی اور کنسٹرکشن سیکٹر میں جو پیسہ عوام لگاتی ہے اس میں 50 کروڑ تک مکمل چھوٹ دے ۔ جیسا کہ حکومت نے کرپشن کیلئے 49,99,99,999 روپے کی چھوٹ دی ہوئی ہے ، اس طرح ملک کی 50 انڈسٹری بھی چلیں گی اور بیروزگاری بھی کم ہو گی
I would like to get loan for setting up business in Karachi or I can set up business in Couple cities in Canada.