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The country’s largest convenience store chain, CU, has been collaborating with the Korea Minting and Security Printing Corporation (KOMSCO) to offer customers mini gold bars — and they’re selling like hot cakes.
Consumers in Asia’s largest economy, China, have has also been buying gold, with the collecting of 1 gram small beans in glass jars becoming a trend among the country’s youth. China is also leading consumer demand for bullion, with the country overtaking India in 2023 to become the world’s largest buyer of gold jewelry.
Separately, in the U.S. last year, retail warehouse giant Costco became a popular one-stop shop for one ounce gold bars priced at close to $1,900.
Gold is selling like hot cakes in Korea’s convenience stores, vending machines (cnbc.com)