I'm not sure what the actual reason is, but my first instinct is "tax evasion".
Paying the 30% premium at a gold ATM and then selling for maybe 95% of spot seems like a terribly inefficient way of avoiding taxes.
These machines are just for souvenirs
Paying the 30% premium at a gold ATM and then selling for maybe 95% of spot seems like a terribly inefficient way of avoiding taxes.
These machines are just for souvenirs