Mongol Bank's gold purchase in 2020 up by a third - News.MN

Mongol Bank’s gold purchase in 2020 up by a third

Mongol Bank’s gold purchase in 2020 up by a third

The Central bank of Mongolia, also known as Mongol Bank, purchased 1.7 tonnes of precious metals in November. A total amount of the purchases has reached 21 tonnes since the beginning of this year, showing an increase of 6.5 tons compared to the same period of previous year.

19.3 tonnes of the total purchased precious metal were gold and 1.7 tonnes were silver.

The average price of 1 gram of gold was MNT 170,810.51 in November.

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