dear, if you import you have to pay import duties - customs duties which is 10% on gold solid in India
you can see cheaper rate of gold in saudi arebia/ UAE/ Singapore then PK
You can, but also understand you'll lose money on every transaction - gold to INR to PKR each will have a slice taken off on exchange, with gold -> national currency potentially quite large and unpredictable.
I have calculated the gold rates across India and Pakistan.
In India, per 10gm Gold as per current rate is INR 25000 which translates into $ 422.5 and In pakistan its PKR 40000 which translates into $ 405.75
So just by buying 10 gms of Gold in Pakistan and selling it into India , one can make $ 16.75 .
And by selling 1 kg of gold, one can easily make $ 1675 profit . So why cant we do it ?