The MGS Precious Metals Blog

Manhattan Gold & Silver is an industry leader in precious metal pricing and refining with more than 30 years of experience. During our time in the business, we’ve found the topic of precious metals to be a vast and interesting one. Here on our precious metals blog, we write in-depth posts about the science of precious metal refining, historical and modern uses for precious metals, market news, and much more. Subscribe to our RSS feed to stay current, and discuss the latest posts on our Facebook page.

Gold Machine the Next ATM?

May 14, 2010 00:07

Abu Dhabi’s top hotel recently unveiled the newest form ofquick investment, a gold dispensing machine.  Now when you stay in this luxurious hotel, youcan exchange your currency for gold bars. You can custom design your bar and it is created right there while youwait.  Each bar is a maximum of 10 grams andit is 24-karat. 

Gold ATM Story Video 

While it’s not surprising that people are turning to gold inthese uncertain times, this type of machine is geared toward the ultrarich.  More commonly, gold is collectedand then turned into cash by way of pawnbroker or gold recycler

Manhattan Gold and Silver can take your unwanted or brokengold and other jewelry and turn it into cash. We process the gold onsite and can have cash in your hand in less than20 minutes.  This is a great way to generatesome extra money in tough times.  Wefeature the current gold prices on our site so you will know what you canexpect to receive for your gold.  We onlyprocess metals B2B. 

For more information, please contact us , or stopby our location in the Diamond District!

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