Gold to Go
From Wikipedia, the free encyclopedia
Gold to Go is a product brand made by the TG Gold-Super-Markt corporation designed to dispense items made of pure gold from automated banking vending machines.[1] The first gold-plated vending machine was located in the lobby of the Emirates Palace hotel in Abu Dhabi, dispensed 320 items made of gold, including 10-gram gold bars and customized gold coins.[2] There are currently six vending machines installed across Europe and Peru.[citation needed] The first vending machine in the United States was installed in Boca Raton, Florida in December 2010.[3] The "gold ATMs" are designed to be placed in shopping malls and airports and are meant to make ordinary people comfortable with the idea of investing in gold. The vending machines update their prices to market value every minute over an encrypted internet connection.[2]