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Sugar, gold prices up, oil down in Kabul markets

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KABUL (Pajhwok): The prices of Indian sugar and gold surged, but that of Malaysian cooking oil declined during the outgoing week in Kabul, market sources said on Saturday.

Zmarai Safi, head of the Food Traders’ Association, said the rate of a 49-kilogram bag of Indian sugar went up from 3,100afs to 3,150afs.

He linked the hike in sugar price to the increase in its demand during the holy month of Ramadan.

But the price of a 16-litre bottle of cooking oil fell from 1,450afs to 1,400afs and the price of a 24 kilograms sack . . .

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