“Gold prices hold steady at a historic high, it’s the right time to sell gold,” an ad on the machine advised customers.
An embedded screen displayed the Shanghai Gold Exchange’s fluctuating prices, while a live video feed showed a robotic arm moving gold scraps onto a scale and under a device that used light waves to measure its purity.
Some people told AFP they had waited over an hour for their turn.
An attendant kept track of each seller’s position in the queue, and helped to deposit ornate pendants, hammered rings and commemorative coins into an opening in the device.
Wu said her elderly mother was especially excited about soaring gold prices, and saw the recycling machine as a chance to supplement her modest pension.
“Everyone is suddenly talking about (gold), and it has sparked this emotion in her,” Wu told AFP.
https://www.channelnewsasia.com/east-asia/china-cash-in-jewellery-gold-recyclers-prices-soar-5898906
