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Platinum's current spot price is $1,004 an ounce, according to financial services company FactSet, which means that Costco's price is about 8% higher than the market value. Michigan voters share ...
On Oct. 2 platinum was valued at around $1,024 per ounce, down from a high of about $1,100 in May. Source: TMX This article originally appeared on Asbury Park Press: Invest in platinum: Costco ...
Platinum prices are stable year to date but have risen 14% over the past year. Costco is diversifying its precious-metals business by selling 1-ounce bars of platinum for $1,090.
It subsequently fell to US$774 per troy ounce ($25/g) in November 2008. [7] As of 21 November 2022, the platinum spot price in New York was $980 [8] per ounce, compared to $1,742 per ounce for gold [9] and $20.84 per ounce for silver. [10] Platinum is traded in the spot market with the code "XPT". When settled in United States dollars, the code ...
In addition to being accompanied by a certificate of authenticity, the coins were encased in a domed mahogany box designed to display the coins at an angle. [32] The set's release on December 13, 2007, at a price of $1,949.95 (around $475 above platinum spot) with a seven-day one-set-per-household limit was met with strong collector interest. [32]
Platinum coins are a popular investment, and each year the number of such coins sold by Sberbank of Russia increases by 30–50%. [19] Most experts agree that such investments should have a long-term character, as the rise of the platinum price is relatively slow – about 80% over the last 5 years, except for a rapid rise followed by decline ...
Platinum's market value fluctuates around $1,008 per ounce, so Costco’s $1,089.99 price tag reflects a small markup. However, buyers are willing to pay a premium for the convenience of ...
Under United States law, coins that do not meet the legal tender requirement cannot be marketed as "coins". Instead, they must be advertised as rounds. [3] Bullion coins are typically available in various weights, usually multiples or fractions of 1 troy ounce, but some bullion coins are produced in very limited quantities in kilograms or heavier.
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3579 S High St, Columbus, OH · Directions · (614) 409-0683