Gold bars dished out through ATM at Burj Khalifa, Dubai and Emirates Palace Hotel, Abu Dhabi

Amid worries about the health of the global economy Gold to go’s machines began showing up last year gaining popularity too fast. People rely on cash no more, giving preference to a more secure resource which is actually precious metals, gold in particular. The ATMs, which dispense the gold coins and bars weighing as little as 2.5 grams up to as much as 1 ounce, at prices regularly updated based on the real-time spot price of gold, churn out 20 to 100 gold pieces a day depending on traffic.

The Burj Khalifa has unveiled two gold-dispensing ATMs, the first of several such machines that will begin selling gold bars in Dubai during the next few weeks. One of the ATMs is housed on the 124th floor of the building, the At The Top observation deck; the other is in the souvenir shop on the ground floor.

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