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Gold prices up, flour down in Kabul

Gold prices up, flour down in Kabul

Jul 22, 2017 - 12:54

KABULinfo-icon (Pajhwok): The price of gold edged up while that of Kazakhstani flour dropped during the outgoing week in Kabul, market sources said on Saturday.

Food Traders Union head Fazal Rahman told Pajhwok Afghan News the price of a 50-kg Kazakhstani flour fell from 1,120 afs to 1,100 afs because of increased imports.

However, he said, the rates of other food items remained steady. The whole sale price of a 49-kg Pakistani sugar sack remained unchanged at 2,100afs.

A 24-kg bag of Pakistani rice accounted for 1,800afs and a 16-kg tin of Khurshid ghee for 1,120afs, same as last week’s.

Noor Ahmad Khairkhwa, a tea seller in Kabul Mandavi, said a kilogram of Indonesian green tea cost 200afs and the same amount of African black tea 300afs -- same as last week’s.

Sometimes a slight difference is observed in retail and wholesale prices but in some areas, the difference is huge.   

Ahmad Wali Panjsheri, who owns a grocery shop in Dahn-i-Bagh area, sold a 50-kg bag of Kazakhstani flour for 1,280afs and a 49-kg sack of Pakistani sugar for 2,200 afs.

He sold a 16-litre tin of Khurshid ghee for 1,200afs, a 24.5kg sack of Pakistani rice for 2,000afs, a kilo of Indonesian green tea for 300 afs and the same quantity of African black tea for 350afs.

Fuel prices also remained steady. Abdul Hadi, a worker at the Wazirabad Pump Station, said a litre of diesel cost 40afs and the same amount of petrol 44afs.

The gas price also remained unchanged. Ahmad Javed, a gas seller in the 4th street of Taimani area, one kilogram of the commodity cost 50afs.

Mohammad Fawad, a jeweller in Timor Shahi area, said the price of one gram of Arabian gold edged up from 2,250 afs to 2,300afs.

However, the rate of same amount of the Russian variety increased from 1,800 afs to 1,850 due to a global market jump.

According to the moneychangers’ union in Sara-i-Shahzada, one US dollar accounted for 68.43afs and 1,000 Pakistani rupees for 635afs against last week's rates of 68.40afs and 634afs respectively.



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