Gold vending machines to debut in USA soon


If you’ve been to Dubai, then news is so passé for you. Touted to launch next in across Germany, Switzerland and Austria, the gold vending machines could only find slots ay luxury hotels in Abu Dhabi, Bergamo and Madrid and in some parts of Germany. And now the Gold to Go brand from Germany is all set to set foot in the USA! With a aim to hit the “Couple of hundred” machines in the next year mark, the 2 meter high giant gold ingot shaped golden machine will see as many as 35 machines tapping the USA bullion markets.

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Moreover, the machine is scheduled to update gold prices every 10 minutes with reference to the international markets. It will accept take cash or credit cards to dispense gold bar weighing 1 gram, 5 gram, 10 gram and 1 ounce units apart from coins including the South African Krugerrands, Australian Kangaroos and the Canadian Maple Leaf.
[CNBC]