The Bank of Mongolia has purchased 3358 kg of precious metal in January, 2020, which was an increase of 2960 kg or five time increase compared to the previous year’s purchase of 597 kg of precious metal. Of which 1747 kg was silver and 1810 kg was gold.

The BoM’s Darkhan-Uul aimag branch purchased 61 kg of precious metal and Bayankhongor aimag branch purchased 72 kg of precious metal respectively in January.

In January, the average gold price stood at MNT 137,211.81 on per gram.

Source; https://montsame.mn/en/read/214848