BoM Purchases 519.8 kg Precious Metals in JanuaryEconomy
Ulaanbaatar, February 2, 2023 /MONTSAME/. In January 2023, the Bank of Mongolia (BoM) purchased 519.8 kg of precious metals.
BoM branches in Darkhan-Uul and Bayankhongor aimags bought 44.2 kg and 28.9 kg of precious metals, respectively in January.
The Bank of Mongolia sets the purchase price of precious metals based on the global market price. As of January, the highest purchase price of BoM was MNT 216,205 per 1 gram of gold, and the average purchase price was MNT 210,307.