Last week, Mongol Bank bought 500-800 kg of gold from mining companies and citizens a day which is increased from 100-200 kg gold a day in the previous week. The bank currently buys one grams of gold for MNT 99,294.94. This is the highest price for gold in the last two months.
Mongol Bank has bought a total of 8.94 tonnes of gold since January, 2017.