CHARLOTTE, N.C.--(BUSINESS WIRE)--Demand for pure gold is reaching new records in 2024, buoyed by growing consumer interest in purchasing and owning real gold. The demand is propelling faster than anticipated expansion by GoldATM, the emerging ATM leader and first provider of true Gold ATMs. The new kiosks make retail purchase of flexible and durable Goldback bills available to all, for as little as $20.
The site of the first North Carolina Gold ATM is the SouthPark Mall in Charlotte, N.C., a Simon property, with multiple other installations in progress. SouthPark is a premier shopping destination with more than 150 stores that serves the communities of Charlotte, its surrounding counties and cities in North and South Carolina, Georgia, and Virginia.
A Move to Democratize Gold Purchase
Retail providers such as Walmart and Costco have been eager to jump in on consumers’ growing demand for gold as investors, as collectors, and as a “just in case” form of alternative currency, which is being legalized and becoming more prevalent in a growing number of states. However, the retail entry point of $2,000 is out of reach for the majority of U.S. consumers.
Interest has soared in GoldATM’s first Utah and Nevada kiosks as well as through the company’s new online store. The Goldback bills the ATMs distribute are made of pure 24-karat gold, are a convenient way to carry and store gold for potential use as an alternative currency, to purchase gradually through dollar cost averaging, or to provide as collectibles and gifts to customers, to employees or to loved ones.
“We’re democratizing gold ownership,” says GoldATM Co-Founder and CEO Andrew Carey, noting the high interest and fascination confirmed in interviews surrounding the April MoneyShow Investment Masters Symposium in Miami.
In an April 6 interview, Kevin Harrington, original star of the hit show Shark Tank, noted the growing fascination with Goldbacks: “I love this -- as gifts, ways to get more people in tune with finance, money and gold values, and even educationally for kids – I encourage everybody to be checking these out.”
Carey has also disclosed imminent plans for new installations in South Florida and Miami in addition to North Carolina and notes ongoing discussions with prospective international partners as well. Readers can learn more, locate existing sites, and sign up to receive additional information at shop.GoldATM.com.
About GoldATM
GoldATM.com is a privately-held company that is the first organization to create true gold ATMs that can instantly convert cash into Goldbacks. Pure 99.99% 24-karat gold that resemble cash. As the world has shown increasing demand and desire to purchase and own gold as a tangible asset, GoldATM makes buying gold convenient, easy and practical for everyone, for as little as $20.
Response to GoldATM’s initial locations has exceeded expectations thus far, with rapid additional expansion underway through sales of Goldbacks through the company’s website and via several hundred additional Gold ATMs nationwide.
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