Predictably it’s gold coloured and it looks pretty flash. Britain’s first vending machine selling gold made a surprise debut in the Westfield shopping centre in west London today, apparently to cater for growing retail demand.
The Gold To Go machine is manufactured by German operator Ex Oriente Lux, which is keen to tap into the traditional status of gold as a “safe haven” during economic turmoil. The company also thinks there is a market for buying last-minute presents such as wedding anniversary and landmark gifts, all in neat packaging.
Pictures from similar model in Dubai
A computer inside the machine updates the price of gold every 10 minutes to reflect fluctuations in the world market. It sells bars and coins in various sizes, including – currently – a special souvenir 2.5g bar with the London skyline engraved on its reverse. Shoppers can also pick up a 1g coin for about £40 or a 250g bar for £10,250.