
Gold Demand Surges in 2024: GoldATM Expands Across North Carolina As the interest in owning real gold continues to soar among consumers, GoldATM, a pioneer in the realm of Gold ATMs, is rapidly expanding its footprint to meet this growing demand. The company’s latest move comes in response to the unprecedented surge in demand for pure gold, outpacing initial projections.
The newly introduced kiosks by GoldATM offer consumers the opportunity to purchase flexible and durable Goldback bills conveniently. With prices starting as low as $20, these kiosks are making retail gold purchases accessible to everyone. The inaugural North Carolina Gold ATM has been installed at the SouthPark Mall in Charlotte, N.C., a Simon property. Several other installations are already underway across the region.
SouthPark Mall, renowned as a premier shopping destination with over 150 stores, caters to communities not only in Charlotte but also in surrounding counties and cities spanning across North and South Carolina, Georgia, and Virginia.
Democratizing Gold Purchases
Retail giants like Walmart and Costco are also keen to tap into the growing consumer interest in gold, whether as an investment, collectible, or as a hedge against economic uncertainties. However, the high entry barrier of $2,000 proves prohibitive for many consumers.
GoldATM’s introduction of Goldback bills through its kiosks in Utah and Nevada, along with its online store, has witnessed a remarkable surge in interest. These bills, crafted from pure 24-karat gold, offer a convenient means of carrying and storing gold. They can be used as an alternative currency, acquired gradually through dollar cost averaging, or presented as collectibles and gifts.
Andrew Carey, Co-Founder, and CEO of GoldATM, emphasizes the company’s mission to democratize gold ownership. The concept has garnered significant attention and intrigue, as evidenced by discussions held during the April MoneyShow Investment Masters Symposium in Miami.
Kevin Harrington, the original star of Shark Tank, expressed his enthusiasm for Goldbacks during an interview on April 6, highlighting their potential as gifts and educational tools. Carey has also hinted at forthcoming installations in South Florida and Miami, alongside the ongoing discussions with potential international partners.
For more information, readers can visit shop.GoldATM.com to explore existing locations and sign up for updates.