Wednesday, March 29, 2023
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India gets world’s first-ever ‘Gold ATM’


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Mumbai: It has been reported that world’s first-ever ‘Gold ATM’ machines have been lunched in India. Indian newspaper’s has written the news that “Gold Sikka” company of Indian city of Hyderabad has recently installed gold ATM.

The company has claimed that the country’s real time gold dispatching machine has been installed. The machine will be open 24 hours a day, seven days a week. Common people can use their debit or credit cards to buy gold from ATMs. Through the card, customers can buy the gold they need from the ATM. The price of gold will change according to the trend.

According to the vice president of Gold Coin, the machine has the capacity to hold up to 5 kg of gold. The machine can provide up to 0.5 grams, 1, 2, 5, 10, 20, 50 and 100 grams of gold.

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Paras KC
Paras KC
Paras KC is a tech and auto writer at The Nepal Times.
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