CHINA HAS INSTALLED A SMART GOLD ATM IN A SHANGHAI MALL THAT MELTS, EVALUATES, AND TRANSFERS THE VALUE OF GOLD DIRECTLY TO A USER’S BANK ACCOUNT,ALL WITHIN 30 MINUTES AND WITHOUT ANY PAPERWORK.(PHOTO)

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 In a groundbreaking move blending technology and finance, China has installed a smart gold ATM in a Shanghai mall that melts, evaluates, and transfers the value of gold directly to a user’s bank account—all within 30 minutes and without any paperwork. The machine, operated by China’s Kinghood Group, has become a sensation, drawing long queues of people eager to sell their old or generational gold. The ATM is designed to accept gold items weighing over three grams with at least 50% purity. Once inserted, the machine melts the gold, assesses its quality and weight, and then credits the money directly to the user’s account. The system has gained massive popularity, and appointments are now fully booked until May, according to Chinatimes.com. During a demonstration, a 40-gram gold necklace was valued at 785 yuan (around ₹9,200) per gram, resulting in a payout of over 36,000 yuan (about ₹4.2 lakh). This highlights the growing interest among the public in cashing out their gold holdings...
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VICTORIA BECKHAM,NAMED U.N GOODWILL AMBASSADOR TODAY.

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Beckham – who missed the opening of her London store to be there – said she felt her public profile meant she had a duty to do more about woman’s health             Today thursday,Victoria Beckham,the wife of David Beckham and former Spice Girls band member was named U.N Goodwill Ambassador for an AIDS charity.Victoria Beckham in her speech,during the press conference at the United Nations building in New York said ''I am a mother and i am a woman.I will do what ever i can do to raise awareness.I feel very passionate about this.I recently visited South Africa and i was so touched by the women i met and i felt inspired.I came home and i knew i had to do something.It's taken me to get to 40 to realise i have a responsibility as a woman and as a mother.For some reason people will listen to me.This is the beginning of an incredible journey for me i have people mentoring me.I am going back to South Africa in a few weeks and then further afield next year''.More photos below.                             The fashion designer said she was 'honoured' to be made an ambassador for their UNAIDS campaignThe former Spice Girl said: 'For some reason people will listen to me. So I can speak on behalf of these women'Mrs Beckham says she wants to go 'further afield' next year in her role as an ambassadorThe fashion designer said she had been inspired by a visit to Cape Town as part of the Born Free initiativeMrs Beckham said her trip to South Africa was 'life changing' during the 69th General Assembly of the UN

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