Blog - Gold Vending Machines in UK

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Gold Vending Machines in UK

Developed by a German company, the first gold vending machine appeared over two years ago at Frankfurt airport on a one-day showing. Following this it was permanently sited in Abu Dhabi’s Emirates Palace hotel around a year later.

Various sizes of gold bar are available from these vending machines, depending on the depth of the customer’s pocket. The vending machines also automatically update their price of gold every 10 minutes, to ensure the rates are aligned with the ever-changing market value.

Security is obviously major consideration with vending machines of this kind. Weighing in at 500 kilograms, the outer casing is constructed from stainless steel and 4cms of molybdenum steel – the machines also feature anti money laundering software to help keep sales legitimate.

The vending machine in Abu Dhabi has shown itself to be a success, and following this initial installation these machines have since been adopted by a number of different countries.

England is the now the latest country to get one of these vending machines. The machine was installed in west London’s Westfield shopping centre late last month.

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