Pranav Birje | Senior Correspondent
Now You Can Swipe or Scan to Buy Gold at Temples, Airports & Malls!
Mumbai, March 12, 2025: Aspect Bullion & Refinery, a leading division of conglomerate Aspect Global Ventures Pvt. Ltd., in association with the India Bullion & Jewellers Association (IBJA), has unveiled India’s first cutting-edge Gold and Silver Vending Machine. The groundbreaking innovation was unveiled at the 10th India International Bullion Summit (IIBS), organized by IBJA in partnership with the World Gold Council.
This initiative aims to empower consumers by offering a secure, transparent, and hassle-free way to purchase gold and silver at real-time market prices. Aspect Bullion’s vending machine leverages advanced technology to offer a convenient, secure, and confident way to invest in precious metals.
This cutting-edge vending machine offers a secure and hassle-free way to purchase gold and silver coins and bars in exclusive designs and packaging, with live streaming of market prices and a uniform price across India. Biometric authentication prevents fraud, while multiple payment options— cards, and digital wallets—ensure seamless transactions. Expanding its reach, Aspect Bullion will soon launch gold and silver vending machines at malls, temples, and airports, enabling quick, staff-free purchases with live market rates. The brand is also entering e-marketplaces for secure online bullion transactions.
Aksha Kamboj, Executive Chairperson of Aspect Global Ventures Pvt. Ltd. and Vice President of IBJA, highlighted the significance of this innovation, stating, “In India, Gold is more than just a metal – It is a symbol of security, heritage, and prosperity. By introducing the country’s first gold and silver vending machine, we are merging tradition with cutting-edge technology, making investments more accessible, transparent, and secure. This initiative is a game-changer in the bullion industry, bringing gold ownership into the digital age while retaining its deep cultural value. IIBS with its legacy of shaping India’s bullion industry, serves as the perfect platform to introduce this revolutionary advancement in gold and silver accessibility.”
Prithviraj Kothari, National President of IBJA, reinforced IBJA’s commitment to innovation, adding, “India’s bullion industry is evolving rapidly, and technology is the key to its future. Aspect Bullion’s vending machine revolutionizes gold retailing by offering convenience, security, and market transparency. At IBJA, we are committed to driving advancements that strengthen trust and efficiency in gold investments.”
About Aspect Bullion
A trusted partner in the world of precious metals, setting benchmarks in purity and craftsmanship. Aspect Bullion & Refinery is a leading bullion and refinery company in India. As one of the noteworthy silver and gold bullion companies, Aspect strives to offer unmatched standard and stability to its customers.
Based in Mumbai, the financial capital of India, it’s accredited as the top gold bullion company of the region. Hence, whether premium gold bars or silver coins, we ensure precision in craftsmanship and timely delivery of these precious metals. Aspect Bullion & Refinery, renowned for premium products and unparalleled customer satisfaction, is affiliated with LBMA and is a certified member of IBJA.
Since we deal with world class metals, we rigorously study the market demands and stay up-to-date with latest prices of both silver and gold products. This not only helps us forge innovative techniques such as fire assay at our refineries in India but also bestow best value to the customers. For individuals and businesses who are seeking silver or gold bullion, Aspect is your one-stop destination!
To know more, visit https://www.aspect.global/ and https://aspectbullion.com/