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Abu Dhabi Hotel Has Gold Dispensing ATM

Category: Articles
(Photo: Adawi/Getty)(AP) CBSNews.com ATM-style Kiosk in the Emirates Palace Offers Bars Up to 10 Grams or Coins with Customized Designs

Abu Dhabi's top hotel is upping the ante in the race for Gulf glitz: a gold-dispensing machine. The ATM-style kiosk in the Emirates Palace offers small bars up to 10 grams or coins with customized designs.

Abu Dhabi's top hotel is upping the ante in the race for Gulf glitz: adding a gold-dispensing machine.

The ATM-style kiosk in the Emirates Palace monitors the daily gold price and offers small bars up to 10 grams or coins with customized designs.

It's the idea of a German entrepreneur, Thomas Geissler, who began testing the cash-for-gold machines in his native country in 2009. The Abu Dhabi debut on Wednesday is billed as the first international foray for Geissler's "Gold to Go" brand...MORE...

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