Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Thomas Geissler, CEO of Ex Oriente Lux and inventor of the Gold To Go machines, holds a 10-gram bar of gold similar to the ones dispensed from the Westfield ATM Wilfredo Lee/AP/Press Association Images

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>

Readers like you are keeping these stories free for everyone...
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.

Author
Aoife Barry
View 11 comments
Close
11 Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.
    JournalTv
    News in 60 seconds