Gold to Go offers easy access to gold for Londoners

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Sam

03 July, 2011

London is the latest to join the list of cities that have gold vending machines. German company Ex Oriente Lux installed the machine at the Westfield Shopping Centre in London yesterday.

GERMANY COMPANY Ex Oriente Lux installed a gold vending machine in London yesterday. Although not the first of its kinds, already the Gold to Go vending machines are available in the US, Germany, Italy, Spain and the UAE, it’s surely the first one in the UK. It allows shoppers to buy gold bars and coins of different weights with prices getting updated regularly. The ATM has been installed at the Westfield Shopping Centre in London.

"Gold to Go provides private investors with easy, convenient access to physical gold at fair, real-time prices. The ATMs are always online and update their prices every 10 minutes," the company said in a statement as quoted by the media.

The gold bars and coins are available in different designs; one shows the reverse side of the London skyline. The gold pieces are 24-karat and neatly wrapped in gift paper. The machine also provides information on money-back guarantee.

The Gold to Go machines are doing exceptionally well wherever they have been installed, but this should be no surprise to anyone because most people consider gold as a solid investment and Ex Oriente Lux is providing them easy access to it.