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Gold prices down, fuel up in Kabul

Gold prices down, fuel up in Kabul

Sep 05, 2013 - 18:13

KABULinfo-icon (PAN): Prices of gold declined and of fuel jumped during the outgoing week in Kabul, where daily-use commodities stayed stable, retailers said on Thursday.

One gram of Arabian gold declined from 2,200 afghanis to 2,150afs while the same quantity of Iranian variety sold for 1,750afs against last week’s 1,800afs. Jeweller Abdul Basir linked the surge to international market trends.

One litre of diesel registered two afghanis increase reaching 65afs and petrol cost 63afs, showing the same increase, said Abdul Hadi, a filling station manager in Wazirabad area.

A gas dealer in the Kolola Pushta neighbourhood, Mohammad Sharif, said sold per kg at 47afs.

A 50-kilogram bag of Pakistani sugar cost 1,750afs, a 24-kg bag of rice 1,800afs and a 49-kig bag of flour 1250afs, the same rates as last week’s, Food Traders’ Union head Haji Fazal Rahman said.

A 5-kg tin of Momin ghee priced at 400afs, a kilo of African black tea at 210afs and the same quantity of Indonesian green tea was sold for 175afs, he said.

But wholesale prices varied from retail rates in parts of the city. Khan Ali, a shopkeeper in the Kart-i-Seh area, sold a 24-kg sack of Pakistani rice for 2,200afs and a 50-kg bag of sugar for 1,950afs.

He sold a 49-kg sack of Pakistani flour for 1,300afs, a 5-kg tin of ghee for 460afs, a kilo of African back tea for 270afs and Indonesian green tea for 230afs.

Moneychanger Ahmad Shah said the buying rate of a US dollar was 56.80afs, while 1,000 Pakistani rupees accounted for 542afs.

Last week's exchange value of the greenback stood at 56.50 afs and 1,000 Pakistani rupees at 549 afs, he recalled.



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