SBP reserves inch up $16m to $14.47b

The State Bank of Pakistan's (SBP) foreign exchange reserves increased by $16 million during the week ended October 24, 2025, reaching $14.471 billion, the central bank reported on Thursday. According to the SBP, the country's total liquid foreign reserves stood at $19.687 billion, of which commercial banks held $5.216 billion in net reserves. Gold prices in Pakistan fell on Thursday, diverging from the international market, where the yellow metal gained nearly 2%, supported by a US Federal Reserve interest rate cut and persistent uncertainty over the China-US trade deal. According to data released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola declined by Rs1,000 to Rs418,862, while the rate for 10 grams dropped by Rs857 to Rs359,106. A day earlier, gold prices had surged by Rs3,500 per tola, closing at Rs419,862, following volatility in international bullion markets.