First, it was Costco selling (and selling out of) gold bars, as we reported last year. Now, you can buy them in vending machines in South Korea.
One way or another, it looks as though the public wants gold.
Bloomberg reported this week that in Seoul’s upscale Gangnam district, a GS Retail Co. convenience store features a vending machine selling gold bars, ranging from less than 1 gram to 37.5 grams, with prices starting at around 88,000 won ($64) and fluctuating daily. Initially launched in 2022, these machines are now in 30 stores nationwide.
Continue reading “South Korea Has Gold Bar Vending Machines…And They’re Selling Out”
