UAE unveils world’s first gold ATM

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Emirates Gold and Malaysia’s Public Gold have launched what they describe as the world’s first fintech-enabled gold ATM in the UAE. The machine was unveiled at the Dubai Precious Metals Conference 2025 at Atlantis, The Palm.

The first unit will be installed at Almas Tower, with 35 to 40 machines planned across the UAE in 2026.

Each ATM can hold more than 70 designs of gold and silver bars and operates around the clock. Users can buy bullion using e-wallets or credit cards and withdraw physical gold linked to their digital accounts.

Future functions, including online-order collection, crypto conversion and tokenised-gold redemption are under development.

The rollout expands DMCC’s broader push to strengthen gold-trading infrastructure and follows a steady increase in consumer interest in transparent, small-denomination bullion products.

Nicole Abigael