Mongolbank purchases 988.8 kg gold in April

Economy
Altanzul.E
e.altanzul@montsame.gov.mn
2018-05-17 18:01:32
Ulaanbaatar /MONTSAME/ In connection to the Alt -2 program of the Bank of Mongolia (BoM), the bank’s gold purchase has increased. As of April 31, 2018, the BoM purchased 988.8 kgs of gold, reported on May 16.

The bank has purchased 3.2 tons or 3290.6 kg of gold in the first four months of 2018, which was increased by 257.6 kg compared to the same period of the previous year.

The BoM is purchasing gold at MNT 103,531.75 per gram, the same price as London Metal Exchange. The bank’s average gold purchase rate is MNT 102,000.96 per gramm.
E.Altanzul

 

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