'Insert cards and withdraw gold coins..,' India's first gold ATM opened
'Insert cards and withdraw gold coins..,' India's first gold ATM opened
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New Delhi: Gold ATM has been started in the country on 5 December 2022. Goldsikka with the help of Hyderabad-based firm OpenCube Technologies has established Real Time Gold ATM here. People can withdraw pure gold coins from this ATM using their debit and credit cards. According to C Taruj, CEO of Goldsikka, people can buy gold coins ranging from 0.5 grams to 100 grams using this ATM. 

You can also see the prices of these coins live on the screen of the ATM. The coins will be provided in a certified tamper-proof pack with 999 purity. But do you know that Gold ATM was started in Dubai 12 years ago i.e. in the year 2010? Gold ATMs are installed at many places in Dubai. In 2010, the world's first gold ATM was installed in the lobby of the Emirates Palace Hotel in Abu Dhabi. 

People could withdraw gold coins from this ATM. Today there are many such ATMs in Dubai, from which gold bars i.e. gold biscuits and gold coins can also be withdrawn. This ATM machine is also covered with a thick layer of gold and here customers get many options of 24-carat gold coins and gold biscuits. Along with Dubai, gold ATMs have also been installed in Germany and America a long time ago.

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