India’s First Gold-Melting ATM Unveiled by Goldsikka

Goldsikka’s latest unveiling of an AI-powered Gold-Melting ATM marks a major advancement in digital banking and gold commerce.
With features like real-time purity testing, automated cash transfers, and AR jewellery previews, the ATM offers a futuristic approach to secure and efficient gold transactions.
The move aligns with India’s broader digital transformation goals and could revolutionise how people interact with precious metals.

Features and Functionalities

• Buy/Sell Gold: Users can both purchase and deposit gold using the ATM.
• Melting and Testing: Deposited gold is melted and its purity is tested on-site.
• Instant Valuation: The machine displays the real-time value of the pure gold based on current market prices.
• Direct Bank Transfer: After user consent, the gold value is transferred directly to their bank account within 30 minutes.
• Integrated AR: Allows users to virtually try on jewellery using Augmented Reality.
• AI-based Security: Uses Aadhaar verification, ID proof checks, and captures user photos.
• Crime Detection: Automatically flags suspicious transactions and alerts police if needed.