Public Gold launches first gold dispensing ATM

Malaysia Gold Association (MGA) president Datuk Wira Louis Ng (second, right) and Singapore Bullion Market Assocation chief executive officer (CEO) Albert Cheng (third, right) purchased a gold bar using a gold automated teller machine (ATM) during a Malaysia Gold Conference 2023 today. --fotoBERNAMA (2023) COPYRIGHT RESERVED

KUALA LUMPUR: Public Gold Group has launched its first gold dispensing automated teller machine (ATM), known as Malaysia Gold ATM, at Menara Public Gold, to enable consumers to purchase physical gold bars conveniently.

Founder and executive chairman Datuk Louis Ng said the company is eyeing to have 50 ATMs this year to encourage the general public, particularly Malaysians, to keep physical gold for long-term wealth preservation.