PKF-IFS Mongolia

News

Home News GOLD PURCHASE INCREASES 10-FOLD

GOLD PURCHASE INCREASES 10-FOLD

As of first two months of 2020, the Bank of Mongolia (BoM) has purchased 4.3 tons of gold in total, of which 952 kg was purchased in February. The figure represents the increase of 856 kg compared to February, 2019 which was 96 kg.

In February, 2020, the BoM branches in Darkhan-Uul and Bayankhongor aimags bought 16 kg and 18 kg respectively. The average value of BoM’s purchase of 1 gram of gold was MNT 140,292.94 in February, 2020.

 

 

 

 

Source: https://montsame.mn/en/read/217506

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.