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The Modern Day Gold Rush

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Gold Rush Kiosk At Las Vegas

The glitter of gold is always enhanced by fear of financial collapse.  Prices for gold has soared more than 300% and within the past few months it has risen by over 30%.

At the JCK Jewelry Trade Show in Las Vegas from 4th June to 7th June, the Hon Group of Korea introduced the Gold Rush Kiosk. The Kiosk is a 42-inch touch screen machine that allows customers to purchase solid 24K gold bar cards of their preferred weight and size using cash or credit card. Bars are available in six weights, 0.5g/ 1.0g/ 2.0g/ 3.0g/ 5.0g/ 10.0g and will be available for purchase inside of Las Vegas Hotels, casinos, cruise lines, airports, malls, department stores and jewelry stores.

The price of the gold bar follows quite closely that of the global market price of gold.

The Hon Corp., a Korean jewelry group and manufacturer with branches in New York and Hong Kong, unveiled its first Gold Rush vending machine in June 2009 in Seoul.  Hon now has 20 machines in stores throughout Korea. The gold-bar cards are the size of credit cards and range from 0.5 gram to 10 grams. A customer can get a card right out of the machine or have it sent to a specific address. “We wanted to change the role of gold, not only as an investment but as a gift,” says David Lee, general manager of Hon.

Citation & Sources:

http://www.jckonline.com http://www.blogcdn.com/www.luxist.com, http://www.msnbc.msn.com,

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I am a Graduate Gemologist trained at the Gemological Institute of America (GIA) in New York City, USA. I hold an MBA degree from Cranfield University, United Kingdom, and a Bachelor degree in Mathematics. My earlier profession was a banker until I found jade in Myanmar (Burma) in the early 90s. I have traveled to the fabled Hpakan Jade mines, and Mogok, the world’s famous rubies and sapphires mines in upper Burma, with my second son. Three of my children are also Graduate Gemologist, GIA, NYC and they deal in diamonds, gemstones and jade. 我是在美国纽约市的美国宝石学院(GIA)接受过培训的宝石研究学家。 我拥有英国克兰菲尔德大学的工商管理硕士学位和数学学士学位。我以前的职业是银行家,直到90年代初我在缅甸接触到玉石。我曾经和我的次子一起去过缅甸上流传说中的哈帕翡翠矿山和莫谷矿山, 莫谷矿山是世界上著名的红宝石和蓝宝石矿山。我的三个孩子都是纽约市GIA毕业的宝石研究学家, 他们专门处理钻石,宝石和玉石.

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