The price of gold reached an all-time high this week, hitting nearly $3,400 an ounce on Thursday. Some wonder if their old ...

The largest was the melt pile, a mound of discarded jewelry for which Kazanjian offered to pay Juda $9,500 — a figure she calculated by estimating the grams of pure gold in each piece and ...

Shanghai introduces a groundbreaking gold ATM that melts gold items, verifies purity, and transfers value to user accounts ...

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Gold ATM draws crowds as residents queue to sell heirloom gold amid soaring prices Dubai: China has introduced a groundbreaking gold ATM in a Shanghai mall that melts gold items, checks their ...

Once deposited, the system measures the weight, then assesses the purity through a high-temperature melting process exceeding 1,000°C. The gold is then checked again to confirm its quality.

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According to Xu Weixin, a member of the Shanghai Gold Association, “The introduction of smart gold ATMS primarily serves a ...

It also signals a new level of public accessibility to gold trading and digitized asset management. The viral video of the gold-melting ATM has sparked a wave of reactions across social media, with ...

A newly launched Gold ATM in a Shanghai shopping mall is drawing large crowds as residents rush to convert their old gold jewellery into instant cash amid soaring global gold prices. According to ...