CENTRAL BANK PURCHASES 3.2 TONS OF PRECIOUS METAL IN OCTOBER

In October 2021, the gold purchase of the Bank of Mongolia (BoM) was 3.2 tons, raising the BoM’s total precious metal purchase of 2021 to 18.1 tons. The figure shows a fall of 1.08 tons as compared with the same period of previous year.

In October, the BoM branches in Darkhan-Uul and Bayankhongor aimags bought 168.2 kg and 249.8 kg precious metals respectively.

The average price of BoM’s purchase of 1 gram of gold was MNT 162,456.30 in October. 

Source: https://www.montsame.mn/en/read/279880