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Gold price goes down, flour up in Kabul

Gold price goes down, flour up in Kabul

May 26, 2016 - 18:00

KABULinfo-icon (Pajhwok): The price of the Arabian gold has decreased while that of flour increased during the outgoing week in capital Kabul, market sources said on Thursday.

Mohammad Fawad, a jeweller in Timor Shahi area, told Pajhwok Afghan News the price of one gram of the Arabian gold went down from 2,300 afghanis to 2,250 afghanis and the same quantity of the Russian variety stood stable at 1,900 afghanis, registering no change compared to last week’s price.

In food items, the price of only flour has increased. Food Traders Union head, Fazal Rahman said the rate of a 49 kilograms sack of Kazakh flour increased from 1,250afs to 1,280afs this week. He linked the hike in flour price to a decrease in imports.

But he said a 49-kg bag of Pakistani sugar cost 2,250afs, 24-kg of Pakistani rice 1,600afs and 16 liters of Shahista ghee 1,050afs, the same prices as of last week’s.

A shopkeeper in Kabul Market, Haji Rahmatullah, sold a kilogram of African black for 260afs and the same amount of Madina green tea for 240afs.

But wholesale prices varied from retail rates in parts of the city. A retailer in Dahna Bagh area, Ahmad Navid, sold a 24-kg sack of rice for 1,800afs and a 50-kg bag of Kazakh flour for 1,350afs.

Similarly, he sold a 49-kg bag of sugar for 2,350afs, a 16-kg tin of Shaista ghee for 1,100afs, a kilo of black tea for 280afs and the same quantity of Indonesian green tea for 260afs.

Abdul Hadi, a fuel station worker, said that one litre of petrol cost 39afs and the same quantity of diesel 32afs -- the same price as last week’s.

Mohammad Sharif, a dealer in Taimani locality, said gas prices remained unchanged at 45afs per kg during the outgoing week.

According to Sadaqat Money Services in Sara-i-Shahzada, one US dollar accounted for 68.90afs and 1,000 Pakistani rupees for 649afs against last week's 68.65afs and 646afs respectively.



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