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Gold has always been considered one of the safest investments, with its value holding steady or increasing over time. Now, a new innovation is making it easier than ever to invest in gold: the Gold to Go vending machine.
In 2009, Ex Oriente Lux AG, a German company, created the first Gold to Go vending machine. Since then, these machines have garnered a lot of attention around the world.
What are Gold to Go Vending Machines?
Gold to Go vending machines are self-service kiosks that dispense gold bullion and coins to customers. These machines are designed to make it easy for anyone to invest in gold, whether they are experienced investors or first-time buyers.
These machines work like traditional vending machines, where customers can approach it and use a touch screen to select the type and amount of gold they wish to purchase. Customers can purchase anything from a 2.5-gram, 24-karat gold coin to a more substantial 31-gram (one ounce) gold bar. (CNN) Prices can vary from $150 to $1400 depending on the size of the gold purchased.
Once a customer has made a selection, the machine will dispense the gold in a tamper-proof package, which can be taken home or stored in a secure location.
The gold sold in Gold to Go vending machines is sourced from reputable manufacturers and certified by international organizations such as the London Bullion Market Association. This ensures that customers receive high-quality gold that meets industry standards.
Why Have People Used The Gold to Go Vending Machines?
There are many benefits on why people buy from Gold to Go vending machines. Here are some of the most significant reasons:
1. Accessibility
One of the most significant reasons customers use the Gold to Go vending machine is the machine's accessibility. Anyone can use these machines to invest in gold, regardless of their financial background or investment experience. This makes it easier for people to diversify their investment portfolios and protect their assets.
2. Convenience
Gold to Go vending machines are also incredibly convenient. Customers can purchase gold at any time without having to visit a bank or broker. This makes it an ideal option for busy professionals or anyone who wants to invest in gold on their own schedule.
3. Security
Another advantage of Gold to Go vending machines is their security. These machines are designed to protect the gold they dispense, with tamper-proof packaging and advanced security features. Additionally, because the machines are located in secure locations such as airports and luxury hotels, customers can feel confident that their investment is safe.
4. Transparency
Finally, Gold to Go vending machines offer a level of transparency that's often lacking in traditional investment options. Customers can see the current price of gold, as well as the cost of the gold they're purchasing, before making their investment. This allows for greater control and understanding of the investment process.
Another Great, Unique Vending Machine
Aside from the machine's purpose to make investing in gold easier, Gold to Go is a unique machine that caters toward high-end customers. Machines had been placed in New York, Boca Raton, Tokyo, Dubai, Abu Dhabi, and other major cities across the world. While they are very rare to find, the Gold to Go vending machines are a great concept for people looking to try their hand in a physical asset.
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