Dubai Unveils the World’s First Fintech-Enabled Gold ATM
The world’s first fintech-enabled Gold ATM has debuted in Dubai, and the launch marks a major step forward for global bullion innovation. Introduced during the 13th edition of the Dubai Precious Metals Conference at Atlantis, The Palm, the initiative reflects the UAE’s growing focus on technological advancement. Moreover, the unveiling brought together senior leaders who emphasized how this innovation aligns with the nation’s economic vision.
Mr. Ahmed Bin Sulayem inaugurated the ATM alongside Mr. Abhijit Shah and Mr. Jerry Ng. Their participation highlighted the strategic cooperation that began earlier this year. In May 2025, both partnering entities formed a collaboration that pairs refinery expertise with modern fintech capability. Through this agreement, one partner manages physical gold and operational support, while the other strengthens the digital and ATM infrastructure. As a result, the combined effort delivers a streamlined and secure bullion experience.
Features of the 24X7 Gold ATM
The first unit will operate at Almas Tower, and additional machines will follow across prominent locations in the UAE. Each ATM carries more than 70 designs of gold and silver bars, allowing users to purchase bullion at any time. Furthermore, the system integrates digital payments, advanced security, and physical dispensing into a single platform.
Users can already buy gold or silver using e-wallets or credit cards. They can also withdraw bullion linked to their digital accounts. In addition, upcoming features will include online order collection, cryptocurrency conversion, and redemption of tokenized gold from secure vaults. These enhancements aim to simplify ownership and expand access as the initiative evolves.
During the launch, Mr. Abhijit Shah stated, “As the UAE stands as the world’s most trusted physical gold hub, this launch marks a defining moment for the future of precious metals. Our partnership with Public Gold brings together Emirates Gold’s trusted refinery expertise and operational strength with modern fintech innovation, setting a new global benchmark for secure and transparent bullion accessibility.”
Similarly, Mr. Jerry Ng remarked, “This landmark moment places Malaysia and the UAE at the forefront of global gold innovation. Our fintech-powered Gold ATM breaks traditional barriers and makes physical gold ownership simpler, safer, and more accessible. We are proud to build this vision alongside Emirates Gold within the trusted DMCC ecosystem.”
Expanding the UAE’s Bullion Network
Between 35 and 40 Gold ATM units will be installed across the UAE in 2026. This rollout will create the region’s largest network of its kind, starting with the initial setup at Almas Tower and extending to major destinations. Consequently, the expansion strengthens the UAE’s growing reputation as a leader in gold-market modernization.
Each machine is designed for both everyday buyers and seasoned investors. It offers a curated range of gold and silver bars while maintaining high standards of purity, security, and transactional integrity. As the network grows, the goal is to deliver faster, smarter, and more secure access to bullion. Ultimately, this initiative marks an important milestone in shaping the future of precious metal accessibility across the country.
