Florida ATM spits out gold

Gold Vending Machine

Gone are the days when vending machines only sold soft drinks and chips.

At an upscale mall in Boca Raton, Florida, a gold-dispensing ATM has been installed where shoppers can insert cash or credit cards to purchase gleaming 24-carat gold bars and coins. All you need to do is insert cash or credit cards and use a computer touch-screen to choose the weight and style of gold you want.

The Gold to Go vending machine was brought to the United States by German company PMX Gold LLC, which plans to unveil a few hundred apparatus worldwide next year. Similar machines have already been installed in Italy, Germany, Spain and in oil-rich Abu Dhabi, where the gold-spitting ATM is so popular it has to be restocked every two days.

Watch the gold vending machine in action: