Nation’s convenience stores selling gold bars in vending machines

(Photo by Victoriano Izquierdo on Unsplash)

(UPI) – The popularity of gold bars is surging at convenience stores around South Korea as the value appreciates amid strong inflationary pressure across the globe.

GS Retail confirmed Friday that sales of gold bars at its convenience stores totaled $19 million in the past nine months ending in May.

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The gold bars, dispensed through vending machines, were introduced last September at five of its stores. The machines offer five sizes, weighing 0.13 ounces to 1.3 ounces.

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