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Gold prices up, petroleum down in Kabul

Gold prices up, petroleum down in Kabul

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On
Jul 04, 2020 - 16:33

 

KABULinfo-icon (Pajhwok): The price of gold increased while that of petroleum products declined in Kabul this week, Pajhwok Afghan News learnt on Saturday.

According to an Online Food Company, the whole sale price of a 50-kilogram bag of Pakistani sugar dipped from 2,500 afs to 2,300 afs, 24-kilogram of Pakistani rice from 2,400 afs to 2,300 afs and 16-litres Sedique Cooking Oil from 1,800 to 1,750.

The decline in food prices was linked to the decrees in markets of countries from where they are imported, the company said.

The whole sale price of one kilogram green Indonesian tea was 320 afs and the same quantity of black team was 350afs without any change as compared to the prices of last week.

Mohammad Zaki, owner of a general store in Macro Ryan area, said the price of a 49 kilograms bag of Kazakh flour was 1,800afs and a 49-kg sack of Pakistani sugar 2,500afs. Similarly, a 24-kg bag of Pakistan rice sold for 2,500afs, a 16-litre ghee bottle for 1,850afs, one kilogram of Indonesian green tea for 340afs and the same amount of African black tea for 360afs.

Gold price jumps

The price of one gram of Arabian gold surged from 3,300 afs to 3,400 afs this week while one gram of Russian gold jumped from 2,650 to 3,000 afs.

The surge in gold price was also linked with increase its price in global markets.

Fuel price declines

According to Ahmadyar Group, the price of one litre petrol dropped to 34 afs compared to its last week price of 35 afs and one litre diesel dropped to 37 afs from 38 afs.

Mohammad Zarif, a liquefied gas seller in Pul-i-Pach area, said the price of one kilogram of the commodity was 45afs -- same as last week’s rate.

Afghani depreciates against dollar

According to the money changers union in Sara-i-Shahzada market, one US dollar accounted for 77.23afs while 1,000 Pakistani rupees sold for 464afs.

Last week, one US dollar was equal to 77.12afs and 1,000 Pakistani rupees to 463afs.

Nh/ma

 

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