Which country featured the first ATM to dispense gold bars?

Here is the question :

WHICH COUNTRY FEATURED THE FIRST ATM TO DISPENSE GOLD BARS?


Here is the option for the question :

  • United Arab Emirates
  • Switzerland
  • United States
  • Qatar

The Answer:

And, the answer for the the question is :

United Arab Emirates

Explanation:

[STC00290] The concept of a “gold to go” ATM may sound like something that would come from the mind of Scrooge McDuck, but a German firm by the name of TG Gold-Super-Markt took the concept seriously enough to build a gold-dispensing ATM in Abu Dhabi, which is located in the United Arab Emirates.

In 2010, the world’s first gold bar automated teller machine made its debut in the lobby of the Emirates Palace Hotel, which was both a convenient location and not a particularly unusual choice.

However, the United Arab Emirates is not the only country in the world to have such machines; for example, they can also be found in New York City and Las Vegas.

The machines give you the option of retrieving your gold in the form of 24-karat gold bars, gold in increments of 1, 5, or 10 grams, or gold coins stamped with a variety of different logos.