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Home Moneta Blog Gold ATM prices compared.

Gold ATM prices compared.

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The Daily Telegraph is reporting that the first Gold ATM machine has arrived in the UK.

First launched a few years ago the machines allow people to buy gokld in coins and ingots as little as 1 gram.

According to the Telegraph:

" products were sold in "top quality" boxes and were "a great gift idea". The 1 gram gold bar, costing about £41, was "about as cheap as a bouquet of flowers but sure not to wither".

It may be as cheap as a bunch of flowers, but it is about 30% over the spot value of bullion, currently about £30 per gram.

 

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