An ATM that dispenses gold instead of cash is the latest gadget for investors in China.
China's first gold ATM will start operating during the Chinese National Day holidays, and will dispense blocks of gold in different sizes. "After the outbreak of the financial crisis, everybody in China became very enthusiastic to purchase and invest in gold," Zheng Ruixiang of the Gongmei Group told Reuters.
The company plans to operate 2,000 gold ATMs across the country.
Similar machines have been introduced in Europe, the Emirates and Las Vegas, but for China the ATM is the first of its kind.
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