UAE Launches World’s First Fintech-Enabled Gold ATM
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The UAE has unveiled the world’s first fintech-enabled Gold ATM through a partnership between Emirates Gold and Malaysia’s leading gold fintech provider, Public Gold, marking a major milestone for both the UAE and the global precious metals industry.
The first unit will be installed at Almas Tower, with additional machines scheduled to roll out across major destinations in the UAE. The initiative represents a significant technological leap in enabling 24/7 access to physical gold and silver.
Emirates Gold, one of the UAE’s most trusted and established precious metals refineries, plans to deploy between 35 and 40 Gold ATM units across the country in 2026. This network will become the largest of its kind in the region.
Each ATM is designed to hold more than 70 varieties of gold and silver bars, offering users an unprecedented level of convenience in purchasing bullion instantly. The machines operate round the clock and integrate digital payments, secure bullion dispensing, and real-time account access into a unified smart platform.
Users can purchase gold or silver using e-wallets or credit cards, and can also withdraw physical bullion tied to their digital accounts. Additional features such as online order collection, cryptocurrency conversion, and redemption of tokenized gold from secure vaults will be introduced in future upgrades as the system continues to evolve.
Abhijit Shah, CEO of Emirates Gold DMCC, stated that the partnership combines refinery expertise with advanced fintech innovation. He said the collaboration “sets a new global benchmark for secure and transparent bullion accessibility.”
Jerry Ng, Chief Marketing Officer of Public Gold DMCC, emphasized the global significance of the initiative, saying it positions both Malaysia and the UAE at the forefront of gold innovation. He described the Gold ATM as a breakthrough that simplifies and secures physical gold ownership for consumers.
As deployment expands, Emirates Gold aims to offer users faster, smarter, and more secure access to bullion nationwide, marking a transformative step in the future of precious metals accessibility.
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