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Gold, sugar up in Kabul

Gold, sugar up in Kabul

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On
Aug 18, 2011 - 14:59

KABULinfo-icon (PANinfo-icon): Gold and sugar prices went up while rates of daily-use commodities stayed unchanged during the outgoing week in Kabul, retailers said on Thursday.

One gram of Arabian gold sold for 2,400 afghanis ($50.77) against last week's rate of 2,200afs. The same amount of the Iranian rose to 2,000afs from last week's price of 1,500afs

Abdul Basir, a jeweller in the upscale Shahr-i-Naw neighbourhood, linked the hike in gold rates to international market trends.

A 50-kilogram bag of Brazilian sugar was priced at 2420 afs against its last week's rate of 2,400afs, said Food Traders' Union head, Haji Fazlul Rahman. The rates of food items remained unchanged.

A 50-kg bag of Pakistani flour sold for 980afs and the same amount of rice for 2,500 afs, he said. A five-kg cane of Spin Ghar ghee cost 430afs, a kilo of black tea 190afs and the same amount of green tea 105afs.

But a shopkeeper in the Kart-i-Parwan locality, Shukrullah, said a 50-kg flour bag cost 1,130afs and the same amount of rice 2,650afs.

Likewise, a 50-kg sack of sugar cost 2,600afs. A five-litre tin of Spin Ghar ghee sold for 480afs, a kilo of African black tea for 200 and the same amount of Indonesian green team for 180 afs.

Liquefied gas prices stayed unchanged during the week. A Taimani-based dealer, Obaidullah, said one kilogram of gas sold for 55afs, the same as last week.  

A fuel station worker in Baraki square, Shamsul Haq, said the rate of a litre of diesel and petrol each stood at 58afs -- the same as last week.

Moneychanger Mohammad Amin Jan Khosti said the buying rate of a US dollar was 47.15 afs and 1,000 Pakistani rupees 547 afs. Last week's exchange value of a greenback stood at 47.30 afs and 1,000 Pakistani rupees at 552 afs.

myn/mud

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