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Gold, sugar prices down in Kabul

Gold, sugar prices down in Kabul

Oct 20, 2011 - 17:20

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

One gram of Arabian gold sold for 2,100afs, registering a decrease of 200afs, and the same amount of the Iranian variety fell from 1,950afs to 1,800afs.

Abdul Baseer, a jeweller in the Lycee Maryam neighbourhood, told Pajhwok Afghan News the decline in gold rates was linked to international market trends.

The price of a 50-kilogram bag of Brazilian sugar worked out at 2,220afs against its last week's rate of 2,230afs, said Food Traders' Union head, Haji Fazlul Rahman.

A 50-kg bag of Pakistani flour sold for 1,040afs and the same amount of rice for 2,500afs, he added. A five-kg cane of Spin Ghar ghee cost 430afs, a kilo of black tea 190afs and the same amount of green tea 160afs, the same as last week.

But a shopkeeper in the Deh Afghanan locality, Noorullah, said a 50-kg flour bag cost 1,100afs and the same amount of rice 2,650afs.

Likewise, a 50-kg sack of sugar cost 2,350afs. A five-litre tin of Spin Ghar ghee sold for 480afs, a kilo of African black tea for 200afs and the same amount of Indonesian green team for 180afs.

A fuel station worker in the Taimani Square, Mohammad Siddique, said one litre of diesel and petrol each remained stable at 59afs. Liquefied gas prices also stayed unchanged during the week, he said.

A Taimani-based dealer, Obaidullah, said a kilogram of gas sold for 50afs, the same price as last week.  

A firewood stall owner in the Qalacha area, Fazal Mohammad, said the price of 560 kg of unpeeled oak was 6,300afs and that of pealed 6,100afs. Firewood prices have soared by 63.5 percent over the past six years.

Moneychanger Mohammad Amin Jan Khosti said the buying rate of a US dollar was 47.50afs, while 1,000 Pakistani rupees accounted for 545afs. Last week's exchange value of the greenback stood at 47.70afs and 1,000 Pakistani rupees at 544afs.



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