Wednesday, January 26, 2011

A trend I wish would die: Gold to go (and this time, Burj Khalifa-style)

First Emirates Palace, now the Burj Khalifa: ATMs that dispense gold bars. As a colleague pointed out, this time one would have to pay (at least Dh100, or about $30, if you book ahead) just to get access to the gold machine on the 124th floor.

One ounce for Dh5,645, almost Dh1000 more than it would cost on the international market. 

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