BoM purchases 2.1 tons of precious metal in October

Economy
Erdenejargal.E
e.erdenejargal@montsame.gov.mn
2020-11-03 16:47:12

Ulaanbaatar /MONTSAME/. In October 2020, the Bank of Mongolia purchased 2.1 tons of precious metal, raising the BoM’s total precious metal purchase of 2020 to 19.2 tons, of which 17.5 tons were gold and 1.7 tons were silver. It means the amount of precious metal purchase increased by 6.3 tons compared with the same period of previous year.




Monthly precious metals purchases of BoM (kg) 2018-2020


In October, the BoM branches in Darkhan-Uul and Bayankhongor aimags bought 102.1 kg and 114.6 kg of precious metals respectively. The average price of BoM’s purchase of 1 gram of gold was MNT 174,145.46 in October. 

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