Gold to Go at Westfield London
Published: 01 July, 2011
Britain’s first gold vending machine has been switched on today at Westfield London, allowing shoppers to buy gold from the mall as an investment.
The Gold to Go machine, supplied by German company Ex Oriente Lux was first trialled in 2009 with its official launch at Abu Dhabi’s Emirates Palace hotel last year.
Prices are updated every 10 minutes to reflect fluctuation in the world market and range from around £40 for a 1g coin to around £10,250 for a 250g bar.
The vending machine is expected to be used by gift-seekers and offers a special 2.5g bar with the London skyline engraved on the reverse.
The machines are fully alarmed and made of reinforced steel.
Anybody spending more than £2,500 will need to scan their passport to satisfy British anti-money laundering rules.
