UAE Introduces Gold ATMs: Emirates Gold and Public Gold Partner for Innovative Financial Service

The United Arab Emirates is witnessing a technological leap in its financial landscape as Emirates Gold, based in the UAE, and Public Gold from Malaysia have partnered to launch a gold ATM machine. This innovative device allows customers to purchase gold and silver bars using digital wallets or credit cards and even withdraw physical gold and silver from their accounts. The companies aim to deploy 35-40 of these machines throughout the UAE by 2026. Further developments may include incorporating cryptocurrency exchange capabilities into this service.