Which country has the ATM that dispense gold bars?

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The country with the ATM that dispenses gold bars is the United Arab Emirates. The first gold-dispensing ATM, named “Gold to Go,” was installed in the Emirates Palace Hotel in Abu Dhabi, United Arab Emirates in 2010. The concept has since expanded to various parts of the world, including Egypt, where the first ATMs for gold were launched in 2024. Gold ATMs are also available in high-security locations in seven countries, including the United Arab Emirates.

Certainly! Here’s the information presented in a tabular format:

CountryCityLocationYear Introduced
EUROPEGermanyBretten Pohl und Lawetzki GbR2010
GermanyBerlinNew location to be opened in 20132013
GermanyNuremburgFonds-Zentrum GmbH2010
ItalyBergamoOrio al Serio International Airport2010
PortugalAlcabidecheCascai Shopping2011
PortugalVila Nova de GaiaArrabida Shopping2011
SwitzerlandMendrisioFoxtown Factory Stores2013
UKLondonNew location to be opened in 20132011
AMERICASUSALas Vegas Golden Nugget Hotel & Casino2011
USANew YorkStack’s Bowers Galleries2012
USAAtlantic CityGolden Nugget Hotel & Casino2012
MIDDLE EASTUAEAbu Dhabi Emirates Palace Hotel2010
UAEDubaiAtlantis, The Palm Hotel2011
UAEDubaiSouk Madinat2013
IndiaHyderabadHyderabad,2022
IndiaIndiaAmeerpet metro station Hyderabad,2023

Source: Ex Oriente Lux AG

How many gold bars can be dispensed by the atm? The gold-dispensing ATMs, such as the “Gold to Go” machines, offer 24-carat gold bars in various sizes, including 1, 5, 10, 20, 50, 100, and 250 grams, as well as 1 oz sizes. These ATMs also provide gift boxes of gold coins with symbols such as the Krugerrand, a maple leaf, or a kangaroo. Each machine can carry up to 320 gold bars and coins.

No.Gold ProductWeightTypeFinenessBrandIndicative EURO Price
1Standard Bar1 gMinted999.9Heraeus59
2Standard Bar5 gMinted999.9Heraeus233
3Standard Bar10 gMinted999.9Heraeus433
4Standard Bar20 gMinted999.9Heraeus842
5Standard Bar1 ozMinted999.9Heraeus1,285
6Standard Bar100 gMinted999.9Heraeus4,052
7Standard Bar2.5 gMinted999.9Umicore132
8Bullion Coin1/10 ozMinted999.9Maple Leaf159
9Bullion Coin1/2 ozMinted999.9Maple Leaf691
10Bullion Coin1 oz**Minted22 caratKrugerrand1,291

Source: Ex Oriente Lux AG.

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