Ide Bisnis Unik (Unique Business Ideas)

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Abu Dhabi Hotel Unveils Gold-Dispensing ATM

Posted on June 5, 2010 at 11:10 AM



Of all the glitz that gives shape to Abu Dhabi’s glamour, the gold-dispensing machine in one of its top hotels will be hailed as a reaffirmation of its reach-for-the-skies spirit. Following the example set by German entrepreneur Thomas Geissler, who began testing the cash-for-gold machines in his native country in 2009, this ATM-style kiosk in the Emirates Palace monitors the daily gold prices and offers gold coins up to 10 grams with customized designs. The opening ceremony coincided with the gold hitting a record high on Wednesday for more than $1,245 an ounce. While the idea remains symbolically important with the region’s traditional ties to the gold business, it still remains to be seen if this uniqueness is going to stimulate any demand.

 

Source: Born Rich

 


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