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In Shanghai, an ATM that has been installed for gold processing

Photo: Shenzhen Kinghood Group

The gold item from 3 grams is weighed in an ATM, melting at a temperature above 1000 ° C, and a double test of samples that pass. After handling the commission, the funds were received in the user’s account.

Against a record increase in gold prices at the Global Harbor Shopping Center in Shanghai, the first automatic machine for processing gold jewelry emerged in Shanghai, which immediately provoked great interest – especially for older people who wanted to sell jewelry that had been saved for many years. Mining reported it on Monday, April 21.

The machine belongs to the Kinghood Group from Shenzhen and works as part of the concept Smart Gold Store. It receives gold products weighing from 3 grams and has a purity of at least 50%. All operations occur automatically: the product weighs, melting at a temperature over 1000 ° C, and a double test of samples that pass. After holding the Commission of 18 Yuan per gram, the funds of the user’s bank account were received.

According to local journalists, 40 Gram necklace Reviewed in 785 yuan per gramand the total payment is more 36,000 yuan ($ 4,900) – In just half an hour.

Kinghood launched the first generation of Smart Golden Stores in 2019, combining the purchase, individual manufacturing and gold processing in a solution.

The system was received Prize for changing in labor At JWA Sustainability Awards 2024.

Kinghood plans more SCALE: In the near future they will open More than 100 machines in ShanghaiPoints in Beijing, Guangzhou, Shenzhen and Hong Kong are already valid.

The new approach is noticeable Press traditional gold buyers. Small merchants complain about reducing customers due to high speed and transparency of automatic maintenance.

For example, at the local gold jewelry store of China mentioned: “We bought gold for 715 yuan, and sells AU999 for 850 yuan per gram. But demand is still falling.” Stores without their own victims especially suffered.

At the time of the machine launch, April 16, The price of gold in China exceeds 1,000 yuan ($ 137) per gramAnd the futures of the comex exchanged above $ 3,400 per ounce. The Shanghai Gold Exchange has fixed the real price over 788 yuan per gram.

According to Suy Weissin, a member of the Shanghai Gold Association, the introduction of such machines is logical: “When gold becomes more expensive, the population wants to realize the owners.” However, he called not to rush: institutions and central banks continued to actively buy gold, which could still maintain growth.

Remember that experts at Goldman Sachs will not exclude that quotes can rise to $ 4000 per ounce in the middle of2026.

Gold prices are re -updating the historical note

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Source: korrespondent

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