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Banking

Gold: Bling bag befits your bullion

Introducing Gold ATMs, Chanel bullion replica clutches, and reopening JPM gold vaults.

“GOLD to go”, brings its gold-dispensing ATMs to the US this month, probably to a yet-to-be revealed Las Vegas casino

"GOLD to go", brings its gold-dispensing ATMs to the US this month, probably to a yet-to-be revealed Las Vegas casino that presumably is not Circus Circus. Already 12 of the ATMs have made their debut this year in such places as Abu Dhabi, Munich and Madrid, enabling consumers to easily buy gold bars and coins weighing up to 8oz. Where do you put the gold once you’ve bought it? JPMorgan announced in October that it would have to reopen its old gold vaults in New York City to cope with increasing demand by investors to hold physical gold.

But why hide it away in a vault? If you’ve got it, flaunt it. Fortunately for any gold-buying casino-goer, Chanel has just the answer. Coinciding with the increased demand for gold, Chanel launched its gold bullion replica clutch bag, which is exactly the size of a gold bar – perfect for any craps table. Sure, it retails for more than $4,000, but if you’re about to drop $10,700 on an 8oz bar of gold why scrimp on storage?

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