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Gold prices down, food & fuel stable in Kabul

Gold prices down, food & fuel stable in Kabul

Sep 17, 2016 - 18:09

KABULinfo-icon (Pajhwok): The price of gold slightly dipped while that of essential daily-use items remained stable compared to last week’s rates in Kabul, market sources said on Saturday.

Basir Ahmad, a jeweller in Lycee Maryam area of Kabul, said the price of one gram of Arabian gold decreased from 2,500 afghanis to 2,400 afghanis and the same amount of Russian variety from 1,950 afghanis to 1,900 afghanis.

He linked the decrease in gold prices to international market trends.

However, Food Traders Union head Fazal Rahman told Pajhwok Afghan News that 49 kilograms of Pakistani sugar was sold for 2,430afs, 24.5 kilograms of Pakistani rice for 1,550afs, 49kg of Kazakh flour for 1,280afs and 16 liters of Shahista ghee for 1,030afs, the same prices as of last week’s.

Haji Rahmatullah a tea seller in Kabul Mandavi said a kilogram of Madina green tea cost 240afs and the same amount of African black tea 260afs.

But a retailer in Taimani area of Kabul, Abdul Wakil, sold a 49kg bag of flour for 1,350afs, a 59-kg sack of sugar for 2,450afs and a 24-kg bag of rice for 1,800afs.

He sold a 16-liter tin of Shahista ghee for 1,150afs, a kilo of African black tea for 280afs and the same quantity of Indonesian green tea for 260afs -- higher than wholesale prices.

The rates of fuel also remained steady.

A filling station worker in Wazirabad locality, Abdul Hadi, said one litre of diesel cost 37afs and the same quantity of patrol 41afs, the same rate as of last week’s.

Mohammad Salim, a liquefied gas seller in Pul Padsha neighborhood, said the rate of one kg of gas was unchanged at 65afs.

According to Saray Shahzada Moneychangers Union, the buying rate of one US dollar stood at 66.90afs while 1,000 Pakistani rupees accounted for 628afs. Last week's exchange value of the dollar stood at 66.80afs and 1,000 Pakistani rupees at 626afs.



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