Gold Vending Machine - as part of the news and politics series by GeoBeats.
If you think vending machines are just for soda and snacks, you are way behind the times.
The GOLD to go is a vending machine that dispenses gold for cash. It literally is that simple - you put in your cash and you get your security-backed gold.
You can get a variety of products including gold bars ranging from 2.5 grams in weight to 250 grams, which means your purchase can be worth thousands of dollars. If you are concerned about changing prices, the machine updates them in real-time based on market conditions.
GOLD to go was conceived with the objective to provide a convenient way for buying physical gold which people buy as an investment vehicle or a collectible. And since the gold price has skyrocketed in the last few years, more and more individuals are interested in making that purchase.
You can find this vending machine in multiple locations all over the world. One of the most recent locations includes the Golden Nugget Atlantic City. There's one in Burj Khalifa as well. Located in Dubai, Burj Khalifa is the world's tallest building today.