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Mongolia: BoM purchases 7.5 tons of gold in the first seven months of 2019

11 August 2019


Ulaanbaatar /MONTSAME/ As of the first seven months of 2019, Bank of Mongolia (BoM) purchased 7.5 tons of gold, which is 1.8 tons decrease or 19 percent compared with the same period of the previous year.In July, gold purchase of BoM reached 1.5 tons of which 134 kg were from the branch in Darkhan-Uul aimag and 106 kg from Bayankhongor branch. The number shows decrease by 649 kg compared with the same period of previous year, which was 2.2 tons.


Throughout July, the average price for a gram of gold stood at MNT 120,680.