To capitalise on the increased interest in buying gold as an investment, a German company launched the vending machine – Gold to Go at Frankfurt Airport yesterday.
Users can get a 1g wafer of gold for around €35 or a 10g bar for around €287. The products come in presentation packs with a certificate of authenticity.
The machine has been designed by TG-Gold-Super-Markt, in Stuttgart, which hopes to exploit growing interest in gold prompted by the recession.
The owner of the company, Thomas Geissler, confirmed there are plans to place the machines at Dublin Airport as part of a roll out across Europe.
“Gold is a good thing to have in your pocket in uncertain times,” he said.
The machines are linked to the Frankfurt gold market and update the price every few minutes. They also feature numerous security features to prevent theft, including a camera.