Mongolia’s central bank buys 14.4 tons of gold in first 11 months this year

Asia & Pacific/Xinhua/12-3-2019

“Purchasing gold is said to be one of the key instruments for the Asian country’s central bank to increase its official foreign exchange reserves.”

USAGOLD note:  Mongolia has been adding to its gold reserves steadily over the past few years.

Bar chart of Mongolia's gold reserve additions over past three years

Chart courtesy of TradingEconomics.com

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