Postal Gold Blog – Everything About Gold

About fifty years ago, the first ATM appeared on the streets.  It’s now hard to imagine a time when it wasn’t quick and convenient to withdraw money from your bank account no matter what time of the day.  But while we may view trips to the ATM as a common part of our lives, people in Dubai do it a little bit differently… Everyone knows that Dubai is synonymous with ‘luxury shopping’, but at Galeries Lafayette in Dubai Mall they have taken it a step further, boasting an impressive gold ATM, or ‘Gold to Go Machine’, as they call it.

The concept is simple: If you have money on hand, simply pop it into the machine and about twenty seconds later you can be the proud owner of a package containing a 24-carat gold nugget manufactured at a Swiss bank.  The smallest nugget that can be bought weighs 2.5 grams, but purchases of up to 30 grams are common.  The gold prices are updated every ten minutes via the internet, and the Gold to Go machine is well guarded by security cameras.

Although this may sound like a one-of-a-kind machine, there are in fact around fifty others like it stationed in other prestigious venues around the world.  In Burj Khalifa, which is the tallest building in the world (and is also found in Dubai), there is a Gold to Go machine stationed at each entrance, as well as at the top of the building.

So: if you have money you desperately want to get rid of but don’t know how, why not take a trip to Dubai and turn it into gold?  However, if you have the opposite problem and want to turn your gold into money, feel free to send it to Postal Gold.  We don’t have a turn-gold-into-money ATM, but we do have a gold kit that you can order on our website, postalgold.com.  It will only take you a minute to fill in your details on the Postal Gold website, and you can have a free and insured postal gold kit sent to your home address.

For more details, visit Postal Gold’s website, postalgold.com.