Aspect Bullion and Refinery, a division of Aspect Global Ventures, is set to launch 50 gold and silver vending machines across the country over the next 12-18 months. These state-of-the-art machines, indigenously developed by Aspect Bullion, ensure complete control over planogram, software backend, and customer interface, reinforcing the brand’s commitment to innovation, transparency, and consumer trust.
The first operational unit has been unveiled at R City Mall, Ghatkopar, coinciding with the auspicious Akshaya Tritiya festival. From April 26 to May 4, 2025, consumers can experience this revolutionary purchasing method that combines India’s age-old gold investment traditions with cutting-edge technology.
Commenting on the initiative, Ms. Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures said, “Gold and silver have always been an important part of India’s culture and traditions. With our vending machine, we are combining tradition with technology to make buying precious metals easier, safer, and more transparent. Our goal is to give people a simple, convenient, and trusted way to invest in gold and silver. We are proud to launch India’s first bullion vending machine, and we believe this will change how consumers buy precious metals, especially during important occasions like Akshaya Tritiya.”
Each vending machine will offer a curated selection of gold and silver coins and bars with exclusive designs and premium packaging. Equipped with real-time market pricing, customers can check live rates at the point of purchase. Advanced security features including biometric authentication, CCTV surveillance, and anti-tampering technology ensure secure transactions. With multiple payment options like UPI, Google Pay, and debit/credit cards, purchases can be completed in under three minutes, with instant digital and printed receipts for a seamless experience.
Strategically placed in high-footfall locations such as malls, airports, and temples, these vending machines aim to make precious metal investments more accessible. Aspect Bullion will also expand its physical retail presence with a new Mumbai store and explore franchise opportunities to accelerate market penetration.