You can now buy gold from vending machines at convenience stores in South Korea. They dispense gold bars of different weights, up to 37.5 grams.
on Wednesday. At more than 30 GS Retail stores throughout the country, the machines are handing out gold bars as large as 37.5 grams, or 1.32 ounces. The price changes daily but starts at about 88,000 won for a half-gram bar.
“Currently we are seeing about 30 million won of sales per month,” a GS spokesperson told Bloomberg via text. “The gold vending machine draws customers’ attention due to increasing demand for safe haven assets and the spreading trend of micro-investing.”
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