| Gold Products From A Vending Machine |
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| Written by Kathryn Smith |
| Sunday, 23 May 2010 13:37 |
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In the United Arab Emirates a new sensation has taken over both the press and the people: the vending machine that can sell bars of one, five and ten grams and one ounce and that is called "Gold-to-Go". Also, one can buy various gold coins ranging from the Canadian Maple Leaf, to Australian Kangaroo and the South African Kruggerands from the golden vending machine.
In the United Arab Emirates a new sensation has taken over both the press and the people: the vending machine that can sell bars of one, five and ten grams and one ounce and that is called "Gold-to-Go". Also, one can buy various gold coins ranging from the Canadian Maple Leaf, to Australian Kangaroo and the South African Kruggerands from the golden vending machine. The gold machine can be found in the Emirates Palace Hotel in Abu Dhabi. The machine is equipped with a self-operating system that shuts down if anything appears to be strange in an operation. A prototype of this machine was installed in Frankfurt airport in June last year. The special vending machine weights half a tone and it is plated with 24 karat gold. The prices of the gold products are updated every 10 minutes but you should know that they are a bit higher than the ones on the market. According to a recent survey, last year the amount of gold bought in the Emirates reached 68 tons. The gold produced in the country was about 36 tons and this year, three refineries are doubling their production. The yellow metal has proved to be a very good asset to own these days especially with the crisis in Greece and the fluctuations in the euro zone. If you want to buy you should know that the metal can be found in various forms ranging from physical gold such as gold bars and coins to gold shares and accounts. Most of the people have decided to take the advice of specialists and have started to invest in physical gold. If you consider that gold bars are too much for you then you should consider investing in gold coins. The most important coins that can be found on the market are the Kruggerands, the Canadian Maple Leaf Coins, the Australian Kangaroos and also the Austrian Philharmonic gold coins. Now all you have to do is decide which gold product you like more and then start investing in it. DISCLAIMER: This article is provided as information only and is not to be taken as financial advice. Learn from professionals how to buy gold in times of recession. |