Watch viral video: Gold ATM in China melts gold for cash in just 30 minutes, netizens intrigued

Shanghai introduces a groundbreaking gold ATM that melts gold items, verifies purity, and transfers value to user accounts within 30 minutes. Developed by Kinghood Group, this innovation capitalizes on rising gold prices, attracting locals eager to exchange jewelry for immediate payment. The ATM accepts gold above 3 grams with 50% purity, using Shanghai exchange rates for valuation.