🇲🇳Gold Rate in Ulan Bator Today
The gold rate in Ulan Bator today is MNT 541,347 per gram for 24K, based on an international spot price of $4,641.30 per troy ounce. That is up MNT 6,987 from the previous close. This is the international spot price converted into MNT for Ulan Bator. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of Mongolia's larger markets, with a population of around 844,818. The MNT has weakened 1.866% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Gold rate in Ulan Bator — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | MNT 541,347 | MNT 496,235 | MNT 473,679 | MNT 406,010 | MNT 315,786 |
| 1 Troy Ounce (31.1035 g) | MNT 16,837,783 | MNT 15,434,634 | MNT 14,733,060 | MNT 12,628,337 | MNT 9,822,040 |
| 1 Kilogram (1,000 g) | MNT 541,347,281 | MNT 496,235,007 | MNT 473,678,871 | MNT 406,010,460 | MNT 315,785,914 |
All figures in MNT (Tugrik). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Gold rate in Ulan Bator — questions
What is the gold rate in Ulan Bator today?
The gold rate in Ulan Bator today is MNT 541,347 per gram for 24K, and MNT 541,347 per gram for 24K. These are live figures converted from international spot at the current MNT exchange rate.
What is the price of 1 gram of gold in Ulan Bator?
One gram of 24K gold costs MNT 541,347 in Ulan Bator, and 22K costs MNT 496,235 per gram. 18K works out at MNT 406,010.
Why is 22K cheaper than 24K in Ulan Bator?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is MNT 45,112 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Ulan Bator different from other cities?
The underlying metal price is identical everywhere in Mongolia — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 1 month ago. Exchange rates refresh alongside it.