New ATM dispenses gold for cash

It was installed at a shopping centre in London and dispenses gold bars and coins. But do we need one in Ireland?

TIRED OF JUST getting out boring old cash from the ATM? Want something a bit more substantial than €50 notes?

Then a German company has the answer – although we are not sure if many people in recession-struck Ireland would want to avail of it.

It’s the Gold to Go machine, which the Telegraph tells us sells gold “at constantly updated prices”.

One of the Ex Oriente Lux machines was installed at the Westfield Shopping Centre in London last Friday and sells gold in both bars and coins.

The 1g gold bar costs about £41, or €45, and you can pay with cash or card.

Do you think these ATMs would go down well in Ireland – or would they sit gathering dust?

For more information read this story in the Telegraph>

Making a difference

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

For the price of one cup of coffee each week you can make sure we can keep reliable, meaningful news open to everyone regardless of their ability to pay.

Support us Learn More