Gold ETFs beware, the Emirates Palace hotel in Abu Dhabi just installed a 'Gold to Go' vending machine.
It's the second of its kind, after one in Germany, says Ex Oriente Lux AG, the company who makes them.
"In addition to one-gram, five-gram and 10-gram bars of gold, the machine also dispenses gold coins," it added.
Gold rates are constantly updated inside the shiny machine -- itself gold-plated -- in the hotel's lobby, courtesy of a built-in computer connected to a dealer which sells gold online.
Here's another picture of the machine from Ex Oriente's website. It looks like you can be an investor too. We wonder if it takes coins. Actually, note it is actually described as a 'gold ATM', so here it is, the expansion of gold as a currency:
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