Tajikistan is reportedly planning to introduce gold ATM services

GateNewsBot
Source: PANews

PANews February 15 News, according to Jinshi reports, the Central Bank of Tajikistan plans to launch a project this year. Its operation is simple and straightforward: customers can pay for selected gold bars with a bank card and directly withdraw physical gold from the machine. Some machines will also offer gold buyback functions. Currently, gold ATMs are in operation in the United Arab Emirates and South Korea, mainly located at airports and shopping centers. Since 2017, gold bars have been sold at the Central Bank of Tajikistan’s Dushanbe headquarters and several commercial banks. It is reported that the launch of the gold ATM service aims to simplify the gold purchasing process and improve convenience by eliminating queues and complicated procedures. The country’s central bank governor revealed that approximately 200 kilograms of gold bars, worth about $23.74 million, were sold by 2025. The main customer base consists of ordinary residents who view gold as a savings tool.

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