Staying in the United Arab Emirates and need instant access to gold bars? The Emirates Palace is the place you need to be staying. This hotel can convert your cash into 10 gram gold bars instantly. Check out this video:
That’s right. You put in the cash, this ATM spits out 24 karat (.999 fine) gold bars. This sort of machine could only ever exist in the ridiculously extravagent UAE. The fact that the bars are .999 fine further my thoughts that this is an absurd machine. Pure gold is extremely soft, and easily damaged. That’s why most popular gold coins, such as the Gold American Eagle and South African Krugerrand, are 22kt gold. Adding a bit of copper or silver hardens the gold considerably.
