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The bar offered by Costco retails for $1,089.99 and is sold exclusively online. The company describes the new platinum bars as 999.5 pure platinum made in Switzerland.
Costco entered the precious metals market in 2023, introducing gold bars. The retailer sold more than $100 million of these bars in just the first quarter of that year. More recently, it added ...
Costco is expanding its precious metals offerings, building on top of its rollout last year of gold bars, which often sold out within hours. The retailer is now adding 1-ounce platinum bars to its ...
Costco has found a new hit with online shoppers — gold.. The retail warehousing giant sold more than $100 million of the precious metal in its first quarter, which ended Nov. 26, Costco CFO ...
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.
In a company earnings call last week, CFO Richard Galanti said the gold bars, sold exclusively online, are “typically gone within a few hours” of appearing on Costco's website — adding that ...
Costco’s Gold Rush. In 2023, the discount retailer introduced a line of precious metals, including gold bars and silver coins.The 1-ounce, 24-karat gold bars, priced at about $2,000, sold like ...
The members-only warehouse retail giant sells 1-ounce gold bars exclusively online with a limit per member, according to a report last year. Gold bars sold by Costco said to bring in $200M a month ...
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