ATM in Beijing dispenses up to 156,000 USD in gold
After the Middle East, United States and Europe – China gets gold vending machines which are possible the first of their type in Asia. Located in the Wangfujing Street of Beijing; shoppers shall be able to use cash or card to withdraw gold bars as well as coins of different weights. Prices will vary depending on the price of gold on the market. A single withdrawal will not be allowed to go over a million yuan worth of gold ($156,000) which means that one could theoretically withdraw 2.5 kilos (5.5 pounds) in a single transaction. The machine was launched Saturday by the Beijing Agricultural Commercial Bank and a gold trading […]