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Food prices down, Gold up in Kabul

in Afghan Business

Food prices down, Gold up in Kabul

store(Pajhwok Afghan News Weekly Price Report) Gold prices increased while other daily-use commodity rates edged down during the outgoing week in Kabul, market sources said on Thursday.

Abdul Basir, a jeweller in Lycee-i-Maryam neighborhood, told Pajhwok Afghan News the price of one gram of Arabian gold rose from 2,100 AFN to 2,200 AFN and the Iranian variety from 1,700 AFN to 1,800 AFN.

The price of a 49-kg sack of Pakistani flour fell from 1,300 AFN to 1,270 AFN, a five-kg tin of Momin ghee by 20  AFN, selling for 400 AFN, said the Food Traders’ Union head, Fazal Rahman.

He added the value of one kilogram of African black tea decreased from 215 AFN to 210 AFN and the same quantity of Indonesian green tea from 180 AFN to 175 AFN.  A 50-kilogram bag of Pakistani sugar cost 1,750 AFN and a 24-kg bag of rice 1,850 AFN — the same rates as last week.

But wholesale prices varied from retail rates in parts of the city. Khan Ali, a shopkeeper in Kart-i-Seh area, sold a 24-kg sack of Pakistani rice for 2,200 AFN and a 50-kg bag of sugar for 1,930 AFN.

He sold a 49-kg sack of Pakistani flour for 1,320 AFN, a 5-kg tin of ghee for 450 AFN, a kilo of African back tea for 260 AFN and Indonesian green tea for 220 AFN.

Fuel prices remained unchanged, with a litre of petrol costing 63 AFN and diesel 64 AFN, said Abdullah Hadi, the manager of a filling station in Wazirabad locality.

A gas dealer in Kolola Pushta neighbourhood, Mohammad Sharif, said one kilogram of liquefied gas was priced at 47 AFN, the same price as last week.

Moneychanger Ahmad Shah said the buying rate of a US dollar was 57.10 AFN, while 1,000 Pakistani rupees accounted for 538 AFN. Last week’s exchange value of the dollar stood at 58 AFN and 1,000 Pakistani rupees at 531 AFN.

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