BOM PURCHASES 2.3 TONS OF PRECIOUS METAL IN SEPTEMBER

 In September 2020, the Bank of Mongolia purchased 2.3 tons of precious metal, raising the BoM’s total precious metal purchase of 2020 to 17.1 tons, of which 15.4 tons were gold and 1.7 tons were silver. It means the amount of precious metal purchase increased by 6.0 tons compared with the same period of previous year.

In September, the BoM branches in Darkhan-Uul and Bayankhongor aimags bought 123.9 kg and 154.5 kg of precious metals respectively. The average price of BoM’s purchase of 1 gram of gold was MNT 176,494.48 in September.

Source: https://montsame.mn/en/read/238316