Saturday, February 5, 2011

Gold To Go


One my mom's last day here we discovered a new ATM machine. It is a "gold-to-go" machine...think ATM only instead of money you can purchase gold bars. There will soon be six Gold-to-Go machines within the UAE. One is already located in Abu Dhabi, the remaining five will all be located in Dubai. The one pictured here is in the Burj Khalifa's gift shop. There is another one located at the observation deck of Burj Khalifa. Other machines are planned for the Atlantis Hotel, the InterContinental Hotel in Festival City and the Indoor Ski inside the Mall of Emirates. (According to the local newspaper the Gold-to-Go machine in Abu Dhabi sold out the first day it was in operation!) The price of the gold inside the machine will fluctuate to reflect the daily price of gold. Currently you can purchase a gold bar weighing 2.5 grams for Dh 540 (roughly $150 US), while a ounce bar can be bought for Dh 5,645 (roughly $1540 US). We opted for the quick photo instead of making a purchase!

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