Bank of Mongolia purchased 2.1 tons of precious metals in Oct

AKIPRESS.COM - In October 2020, the Bank of Mongolia purchased 2.1 tons of precious metals raising its total precious metal purchase to 19.2 tons in 2020.
Bank of Mongolia has 17.5 tons of gold and 1.7 tons of silver so far, Montsame reported. It means the amount of precious metal purchase increased by 6.3 tons compared with the same period of previous year.
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.