PKF-IFS Mongolia

News

Home News Bank of Mongolia Purchases 396.1 kg of Gold in February

Bank of Mongolia Purchases 396.1 kg of Gold in February

Ulaanbaatar, March 9, 2026 /MONTSAME/. The Bank of Mongolia purchased 396.1 kilograms of gold in February 2026, bringing the total amount of precious metals purchased since the beginning of the year to 2.3 tonnes.

 

Of this amount, the Bank of Mongolia’s branch in Darkhan-Uul aimag purchased 89.0 kilograms, while its branch in Bayankhongor aimag purchased 477.3 kilograms of precious metals. Compared to the same period last year, this represents a 19.7 percent increase.

 

The Bank of Mongolia determines its precious metal purchase prices based on global market prices.

 

In February 2026, the average gold purchase price was MNT 576,654.17 per gram.

 

PKF-IFS Mongolia is a member of PKF Global, the network of member firms of PKF International Limited, each of which is a separate and independent legal entity and does not accept any responsibility or liability for the actions or inactions of any individual member or correspondent firm(s).

“PKF" and the PKF logo are registered trademarks used by PKF International Limited and member firms of the PKF Global Network. They may not be used by anyone other than a duly licensed member firm of the Network.