Pakistan imported 306 kilograms of gold during the first eleven months of the fiscal year, signaling a significant increase in bullion demand. The imports, valued at over $20 million, represent a notable rise compared to previous periods. Analysts attribute this surge to factors including economic instability, currency devaluation, and a preference for gold as a safe-haven asset. The increased demand is impacting the country’s foreign exchange reserves. These gold purchases are occurring despite Pakistan’s ongoing economic challenges and attempts to secure financial assistance from international lenders. The trend suggests a lack of confidence in other investment avenues within the country.