Gold purchase of Mongolia's central bank increases 3 pct in first 10 months

Source: Xinhua| 2018-11-01 16:04:53|Editor: Shi Yinglun
Video PlayerClose

ULAN BATOR, Nov. 1 (Xinhua) -- The Bank of Mongolia said Thursday that it had purchased 17.7 tons of gold from legal entities and individuals in the first 10 months of 2018, a year-on-year increase of 3 percent.

In October alone, the central bank purchased 3.4 tons of gold, a 34-percent increase against the same month of the last year.

As of October, the central bank's average gold purchase price was 99,911.55 Mongolian tugriks (about 39 U.S. dollars) per gram.

The Bank of Mongolia, which bought 20.01 tons of gold in 2017, aims to buy 22 tons of gold by the end of this year.

The bank launched a five-month campaign in May to encourage gold miners and individuals to sell gold to banks.

In addition, the bank opened one precious metal testing laboratory in the northern province of Darkhan-Uul and another in the southwestern province of Bayankhongor in mid-October in a bid to increase the country's gold reserves.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001375744411
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
野外强美女在线观看 | 一本色道久久综合亚洲精品高清 | 亚洲中文乱码在线观看AV | 在线免费看网站午夜 | 亚洲乱码中文高清字幕 | 在线观看亚洲欧美日本专区 |