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Price of gold and gas go down in Kabul

in Afghan Business

Price of gold and gas go down in Kabul

jewelry shopPajhwok Afghan News Weekly Price Report-The prices of gold and gas decreased and that of other daily-use items stayed unchanged during the outgoing week in Kabul, retailers said on Thursday.

One gram of Arabian gold price decreased from 2,200 afghanis to 2,150 AFN during the week, said Abdul Basir, a jeweler in the Lycee-i-Maryam neighborhood.

He said the same amount of the Iranian variety came down to 1,750 AFN from the last week’s 1,800 AFN, linking the surge to global market trends.

Fuel prices stayed stable at 55AFN and 60AFN per liter petrol and diesel respectively, according to a filling station owner in the Saleem Karwan locality.

A kilogram of liquefied gas was sold for 50AFN, recording 5AFN increase, said Ahmad Sharif, a dealer in Kolola Pushta neighborhood.

The price of a 24-kg bag of Pakistani rice rose from 1,680AFN to 1,700AFN, said Haji Fazl Rahman, the Food Traders’ Union head.

The rate of other food items remained stable, with a 50-kg bag of sugar priced at 1,650AFN, a 49-kg sack of flour at 1150, a five-kg tin of Momin ghee at 400AFN, a kilogram of African black tea at 210AFN and Indonesian green tea at 175AFN.

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 50-kg sack of Pakistani sugar for 1,850 AFN, 24-kg rice for 2,100 and 49-kg Pakistani flour for 1,220 AFN, a five-kg tin of ghee 460 AFN, a kilogram of African back tea 270 AFN and Indonesian green tea 220 AFN.

Moneychanger Ahmad Shah said the buying rate of a US dollar was 54.93AFN, while 1,000 Pakistani rupees accounted for 549AFN. Last week’s exchange value of the dollar stood at 54.60AFN and 1,000 Pakistani rupees at 547AFN.

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