Gold Dispensing ATM Machines Making Their Way To U.S.

Ready to bet on the price of gold? If you think it’s going to head upwards you might want to stop by your local Gold Bar dispensing ATM machine and make a withdrawal.

The Gold ATMs look like a standard ATM, standing at approximately 6 feet tall, but unlike your standard ATM with these machines you either insert your bank or credit card and purchase gold in 1 gram, 5 gram, 10 gram and 1 ounce units.

Okay so only 35 machines are expected in the U.S. by the end of 2010, but it shows how strong gold prices have become during the current economic climate.

Each ATM will be internet connected and will be updated with gold prices in ten minute increments, ensuring the latest gold prices are honored when you make your transaction.