Gold price edges up, food remains stable in Kabul

by Wadsam | August 30, 2013 5:17 am

jewelry shop[1]Pajhwok Afghan News Weekly Price Report-Gold prices increased, while the value of the local currency declined against the US dollar while other daily-use commodity rates stayed unchanged during the outgoing week in Kabul, retailers said on Thursday.

Basir, a jeweler in the Timor Shahi neighborhood, told Pajhwok Afghan News the price of one gram of Arabian gold rose from 2,150 afghanis to 2,200  AFN but the Iranian variety stayed stable and was sold for 1,800 AFN.

Moneychanger Ahmad Shah said the buying rate of a US dollar was 56.50 AFN, while 1,000 Pakistani rupees accounted for 549 AFN. Last week’s exchange value of the dollar stood at 56.70 AFN and 1,000 Pakistani rupees at 5,49 AFN.

Food prices saw no change, as a 50-kilogram bag of Pakistani sugar sold for 1,750 AFN, a 24-kg bag of rice for 1,800 AFN. Haji Fazal Rahman, the Food Traders’ Union head, said a 5-kg tin of Momin ghee cost 400 AFN, a kilo of African black tea 210 AFN and the same quantity of Indonesian green tea 175 AFN.

But wholesale prices varied from retail rates in some parts of the city. Khan Ali, a shopkeeper in the Karta-i-Seh locality, sold a 24-kg sack of Pakistani rice for 2,200 AFN, a 50-kg bag of sugar for 1,950 AFN and 49 kilograms of flour for 1,280 AFN.

He sold a 5-kg tin of ghee for 460 AFN, a kilo of black African team for 270 AFN and the same quantity of Indonesian green tea for 230 AFN.

Fuel prices remained unchanged, with a litre of petrol costing 61 AFN and diesel 63 AFN, said Abdullah Hadi, the manager of a filling station in the Wazirabad area.

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

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