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South Korea is selling gold bars in vending machines and sales are surging
South Koreans can buy gold out of vending machines placed at convenience stores, and sales are surging, according to local media. The buyers are embracing the easiness of buying gold bars at vending machines, citing value appreciation and inflation concerns, UPI News Korea. In the nine months that ended in May, $19 million worth of gold bar sales were reported, said GS Retail, the company that operates the convenience stores. The gold dispensing vending machines were introduced at five of their stores back in September. Since then, this was expanded to 29 stores, with plans to reach 50 by the end of this year. ... (full story)