Pakistan's Gold Sector

The Competition Commission of Pakistan (CCP) has published its maiden Competition Assessment Study of the Gold Market in Pakistan, providing the first evidence-based analysis of the sector's structure, regulatory landscape and competitiveness challenges. The study emphasizes that modernizing the gold sector will boost transparency, safeguard consumers, reduce illicit trade and unlock significant economic value, particularly as Pakistan prepares for the commercial rollout of the Reko Diq project whose transformative potential is expected to generate up to $74 billion over its useful life of 37 years and significantly reshape domestic supply chains.

Pakistan's gold reserves, held by the State Bank of Pakistan (SBP), have shown a steady increase, reaching USD5.854 billion in January 2025, up from USD5.434 billion in December 2024.