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Costco is selling gold bars online. In uncertain economic climates characterized by market volatility and fears of recession, it's not uncommon to see a surge in the demand for precious metals.
Costco began selling gold bars in the fall of 2023. Wells Fargo analysts have estimated Costco is selling $100 million to $200 million in gold bars each month.
There's a modern-day gold rush taking place at Costco, with the big-box retailer reportedly selling up to $200 million worth of gold bars each month, according to a Wells Fargo analysis. The sales ...
The success of Costco's forays into the precious metals market led the company to introduce platinum to the lineup. The bar offered by Costco retails for $1,089.99 and is sold exclusively online.
Regardless of the price, gold is selling like hotcakes, judging by comments Tuesday from Costco Chief Financial Officer Richard Galanti. Speaking on the company’s quarterly earnings call ...
If you have a sudden need for gold bars -- along with a 10-pound jar of peanut butter and 30 paper towel rolls -- look no further. Costco has you covered. But act fast, as they are selling like...
The exact gold bars that Costco offers are 1 ounce gold PAMP Suisse Lady Fortuna Versican bars. The one-ounce bars go for just under $2,000, depending on the time of purchase, according to ...
It began selling $2,000 gold bars online in September and sold more than $100 million worth of the bars last quarter. But Costco’s move is more about marketing than just about increasing sales.