29.06.2023 18:51
Everything for the client we invest in gold right in the store
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Everything for the client we invest in gold right in the storeGold is traditionally considered a hedge against inflation, so gold bullion vending machines are gaining popularity in South Korea. In addition to inflation, interest in alternative investments provoked the collapse of several banks and the legal problems of large crypto exchanges.The South Korean chain of stores GS Retail, which placed five vending machines in its locations in September last year, reports that it sold the precious metal for $19 million in 9 months. by the end of the year to bring their number to 50.Vending machines offer a choice of five sizes of bars: from 0.13 oz to 1.3 oz. The price is updated automatically every ten minutes depending on the change in quotes on the exchange.You can buy gold through a vending machine cheaper than in a bank, in addition, you can buy it anonymously, without documents, but for up to $2,500.The smallest option is most often purchased - 0.13 ounces; today it costs about $225-250. Such an ingot bought in a supermarket along with a burger and Coca-Cola, looks more like a joke or a small souvenir than a smart investment. For large investors, buying through the machine, of course, is not of interest, because the larger the bar, the better the price.However, the main buyers of such non-marketable gold are young people in their 20s and 30s, who see such a move as a profitable investment in conditions of high inflation. In the end, such a golden drop can always be exchanged for real money, which, by the way, can then be invested using conventional methods.And what do you think?Profits to yall!#ForexChief #CocaCola #Gold #forexnews #stocks #worldnews #Market
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