A new self-service gold trading machine has recently appeared in a shopping mall in Suzhou City of east China's economically developed Jiangsu Province, offering an innovative and efficient way for people to recycle or purchase gold as the safe-haven metal's lure grows.
The ATM machine with a bright golden hue features two functions: "intelligent gold recycling" and "self-service gold purchasing".
After a gold nugget is placed onto a tray, the machine will immediately begin to assess its weight and purity. For instance, a 6.26-gram nugget was valued at 4,830.97 yuan (about 662.81 U.S. dollars) after deducting a service fee.
"We base our recycling price on the real-time gold prices from the Shanghai Gold Exchange. Right now, the recycling price is 789.55 yuan (about 108.33 U.S. dollars) per gram. During the entire recycling process, a service fee of 18 yuan (about 2.47 U.S. dollars) per gram will be charged," said Chen Jia, manager of the gold store which has adopted the machine.
After the initial assessment, customers will have the option to either proceed with the sale or retrieve their gold if they change their mind.
For those opting to sell, they simply enter their bank accounts and proceed to the next step. The machine then melts the gold through high-heat processes, followed by cooling, before completing the transaction. Within around 30 minutes, the amount of money from the transaction will be transferred to the customer's account.
Many residents in Suzhou are intrigued by this new golden ATM and are eager to try it.
"Isn't everything intelligent now? You don't have to worry about being cheated in weight. In terms of the service fee, other gold stores also charge it," said a local resident.
Gold prices have been on a steady upward trajectory, boosted by global instability, inflation concerns and robust central bank buying, rewarding those who were early investors in the precious metal.
ATM machine for gold recycling, purchase unveiled in east China's Suzhou
China Media Group's (CMG) "China Red" 4K/8K ultra-high-definition broadcast vehicle fleet arrived at the Port of Livorno, Italy on Sunday ahead of the Milano-Cortina 2026 Winter Olympic Games.
Following the successful fulfillment of the broadcast mission of the Paris 2024 Olympic Games, the "China Red" fleet has once again set out overseas and will undertake the production of 8K international public signals for the opening and closing ceremonies and multiple events of the 2026 Winter Olympic Games scheduled for February.
The broadcast vehicles were transported aboard the carrier Yuan Hai Kou, which departed from the Taicang Port in east China's Jiangsu Province on December 1, 2025.
The carrier sailed through the South China Sea, the Indian Ocean, the Red Sea and the Suez Canal, making a brief stopover at the Port of Piraeus in Greece on December 26 before proceeding to Italy.
Throughout the entire journey, the CMG ultra-high-definition broadcast vehicles were provided with comprehensive security and logistical support.
The "China Red" broadcast fleet consists of two 4K/8K ultra-high-definition broadcast vans and two supporting vehicles.
The 4K/8K broadcast vans are independently designed and integrated by the CMG -- China's flagship broadcaster. Each vehicle is 17 meters long, accommodates up to 34 workstations across five operational areas, and is capable of processing up to 80 channels of 4K signals, representing the cutting edge of international ultra-high-definition live production technology.
After completing customs clearance, the fleet will leave Livorno for Milan and is scheduled to officially move into the San Siro Stadium on January 13, where it will begin preliminary preparations for the Milano-Cortina 2026 Winter Olympic broadcast operations.
The 2026 Winter Games will open on February 6, 2026, at Milan's San Siro Olympic Stadium, with around 2,900 athletes expected to take part. It will be Italy's first Winter Olympics in 20 years since Turin 2006, and 70 years after Cortina d'Ampezzo hosted the 1956 edition.
CMG broadcast vehicles arrive in Italy for 2026 Winter Olympics coverage
