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You can buy one-ounce gold bars of 24-karat gold from South Africa’s RAND Refinery, or a Swiss-made PAMP Suisse Lady Fortuna Veriscan, according to the description on Costco’s website.
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 ...
The Wall Street Journal reported that one Costco member purchased a bar for $2069, which was a few dollars below gold’s spot price at the time. Costco also sells 99.9% pure silver coins, per the ...
The standard gold bar held and traded internationally by central banks and bullion dealers is the Good Delivery bar with a 400 ozt (12.4 kg; 27.4 lb) nominal weight. However, its precise gold content is permitted to vary between 350 ozt (10.9 kg; 24.0 lb) and 430 ozt (13.4 kg; 29.5 lb).
“The wholesale retailer began selling gold online in September and 1 oz. gold bars on Friday were going for $2,069.99, with a limit of two bars per Costco membership,” CNN says.
The proportions of silver and gold can vary widely. Doré bars weigh as much as 25 kg. During the 19th century gold rushes, gold nuggets and dust were melted into crude gold bars mistakenly called "bullion" by miners. They were, more accurately, doré bars with higher contents of silver and other adulterants than the mints would accept.
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