In Germany, witnessed its first vending machine sales of gold bullion

Podcast, Monday, September 05, 2011 20:11:51

Germany's first vending machine sales of gold bullion work in Frankfurt. The machine in the form of gold bullion, is mounted on the central railway station in the city, Itar-Tass. Experts explain the emergence of new service with the pursuit of the Germans in times of crisis to keep their savings by converting money from their bank accounts in precious metal bars.

In the first quarter of this year in Germany were sold to individuals 59 tons of gold bullion or coins, which is four times more data than the same period of 2008. The price of gold sold from a vending machine, changes several times a day - in line with fluctuations in the course of its exchanges. Yesterday it was about 31 per gram. For bullion can pay by credit card or cash. Each ingot is attached and the original certificate. Germans are the absolute leaders in the world by buying gold. For comparison, in neighboring France between January and March are sold only 1. 1 ton of gold. Expected in the near future in Frankfurt and other major cities in Germany to be put 500 such machines.


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