Experts attribute this significant rise to the steady increase in global gold prices. According to data from the Indirect Taxation Authority (UIO) of BiH, import duties collected on gold between January and September 2024 totaled 281,324 BAM, compared to 96,350 BAM in the previous year.
The bulk of the gold imports arrived from Italy, followed by Slovenia, China, and Germany, as demand for this precious metal continues to rise. In contrast, during the same period last year, gold imports were valued at 561,669 BAM.
The sharp increase in both value and demand underscores the growing importance of gold as a stable asset amid economic uncertainty.