Gold dispenser in AbuDhabi (and its made out of gold too)

paperboy's picture

A machine that dispenses gold was unveiled at the Emirates Palace hotel yesterday.

At the unveiling, the machine’s promoter successfully withdrew a one-ounce gold bar after several tries with Dh500 notes.

The machine, called Gold To Go, dropped down a black box that contained the gold bar, further encased in a plastic box.

Naturally, Gold To Go is itself covered in 24-carat gold.

“A gold machine should be made of gold,” said Thomas Geissler, the chief executive of Ex Oriente Lux AG. “This is now at a hotel made out of gold. It is the perfect place.”

For the UAE market, a special 1-ounce bar is being offered alongside 1, 5, and 10 grams of gold.

Six coins of differing weights come engraved with a maple leaf, kangaroo and Krugerrand, symbols of the gold-producing nations Canada, Australia and South Africa.

After the eight-week launch period, gold bars purchased from the machine will be engraved on one side with the Emirates Palace logo.

Read more