DUBAI It’s the ultimate hole-in-the-wall — a money machine that dispenses pure gold.
But installed below the gold-coated ceilings of Abu Dhabi’s Emirates Palace hotel, area ability and billionaires appear for cappuccinos topped with gold flakes, the apparatus about seems allotment of the furniture.
“The acumen we chose Emirates Palace is because it absolutely fits with the ambience here,” said German administrator Thomas Geissler, architect of the “Gold to Go” cast and arch controlling of Ex Oriente Lux.
The exoteric of the apparatus is coated with a attenuate band of gold and offers barter 320 items to accept from, alignment from gold confined that can counterbalance up to 10 grams, to customised gold coins.
Through a computer system, the ATM gold apparatus updates the gold amount every 10 account to bout all-embracing markets. For now, it takes addendum of the bounded dirham currency, but the advantage of application acclaim cards will anon be introduced. The cash-for-gold machines were aboriginal activated in Germany in 2009, but Geissler chose Abu Dhabi for the official barrage because of the region’s aerial appeal for gold.
