Mongolia's central bank purchases 8.5 tons of gold in 7 months
ULAN BATOR, Aug. 7 (Xinhua) -- Mongolia's central bank purchased a total of 8.5 tons of gold in the first seven months of this year from legal entities and individuals.
As of July, the Bank of Mongolia's average gold purchase price had been 215,352.28 Mongolian tugriks (62 U.S. dollars) per gram, the bank said in a statement on Monday.
Purchasing gold is one of the key ways for the central bank to ensure