Gold purchase of Mongol Bank decreases www.news.mn
During February, the Central Bank of Mongolia purchased 390 kg gold; a decrease of 47.4 percent on the same period in 2017. Last February, 741 kg gold was sold to the bank.
In February, gold price stood at MNT 102,833.87 on average per gram, this is considered a low rate on the London Metal Exchange. The decrease in gold purchase is linked to the low prices and gold mining output.
Published Date:2018-02-28