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Gold, gas prices down in Kabul

Gold, gas prices down in Kabul

May 23, 2013 - 16:27

KABULinfo-icon (PAN): The prices of gold and gas decreased and that of other daily-use items stayed unchanged during the outgoing week in Kabul, retailers said on Thursday.

One gram of Arabian gold price decreased from 2,200 afghanis to 2,150 afs during the week, said Abdul Basir, a jeweller in the Lycee-i-Maryam neighbourhood.

He said the same amount of the Iranian variety came down to 1,750 afs from the last week's 1,800 afs, linking the surge to global market trends.

Fuel prices stayed stable at 55afs and 60afs per litre petrol and diesel respectively, according to a filling station owner in the Saleem Karwan locality.

A kilogram of liquefied gas was sold for 50afs, recording 5afs increase, said Ahmad Sharif, a dealer in Kolola Pushta neighborhood.

The price of a 24-kg bag of Pakistani rice rose from 1,680afs to 1,700afs, said Haji Fazl Rahman, the Food Traders' Union head.

The rate of other food items remained stable, with a 50-kg bag of sugar priced at 1,650afs, a 49-kg sack of flour at 1150, a five-kg tin of Momin ghee at 400afs, a kilogram of African black tea at 210afs and Indonesian green tea at 175afs.

But wholesale prices varied from retail rates in some parts of the city. Khan Ali, a shopkeeper in the Karta-i-Seh locality, sold a 50-kg sack of Pakistani sugar for 1,850 afs, 24-kg rice for 2,100 and 49-kg Pakistani flour for 1,220 afs, a five-kg tin of ghee 460 afs, a kilogram of African back tea 270 afs and Indonesian green tea 220 afs.

Moneychanger Ahmad Shah said the buying rate of a US dollar was 54.93afs, while 1,000 Pakistani rupees accounted for 549afs. Last week's exchange value of the dollar stood at 54.60afs and 1,000 Pakistani rupees at 547afs.


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