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Costco gold bars are selling out
Costco stores selling out of gold bars, survey finds
Costco appears to have found a revenue mine with sales of gold bars, as a survey found that some warehouses are unable to keep them on shelves. Bloomberg found that 77% of the 101 stores it surveyed in the first week of October had sold out of the bars, the financial news outlet reported Monday.
Costco’s gold bars fly off shelves as bullion prices smash records
Spot gold has jumped nearly 30% this year, successively hitting record highs. Its ferocious rally makes it not only one of the best-performing commodities, but also means that metal has
Costco's gold bars are selling out fast
Costco began selling the gold bars last September for about $2,000 each to its rewards members. In late January, it started offering one-ounce silver coins in a pack of 25 for $675. Most recently, the retailer has started selling one-ounce platinum bars for $1,089.99.
Costco makes 9 figures a month selling gold; Now it is offering platinum bars
In times when markets may prove volatile, many move away from the trading and move towards collecting precious metals.
Gold Bars Fly Off Costco Shelves as Bullion Prices Hit New Highs
Gold’s increase is due to its reputation as a safe asset during economic and political uncertainty and its role in protecting wealth. Last month, gold prices went above $2,600 an ounce, helped by the Federal Reserve’s rate cuts, as gold usually rises when rates are low.
Costco gold bars selling out quickly as bullion prices rise: survey
Costco's sale of a specific type of product prove to continue being strong, as it is sold out online. It has also begun selling another similar product.
Move over, gold rush! Costco selling popular platinum bars
Retailers like Costco and Walmart are selling precious metals including platinum bars, driving a new demand for precious metals.
Gold Rush at Costco, Shoppers Snap Up Gold Bars Amid Record Prices
Costco sold out of one-ounce gold bars at 77% of its stores in early October, as shoppers snapped them up amid record high gold prices.
Costco Made a Fortune on Gold Bars. Now It’s Selling Platinum Ones, Too.
The Swiss-made bars are only available to Costco members, whose annual fees range from $65 to $130. Made of 999.5 pure platinum, the bars are non-refundable and limited to one transaction per membership at a maximum of five units per order. They are only available online and can’t be delivered to customers in Louisiana, Nevada or Puerto Rico.
As Costco sells platinum, experts explain how the precious metal differs from gold
Costco has added platinum to its precious metals offering, but experts caution that the coins and bars are not considered a safe-haven investment.
Costco gold bars are selling out as prices for the precious metal break records: survey
Move over, gas and hot dogs. Costco shoppers are snatching up the store’s 1-ounce gold bars despite the market’s lofty price for the precious metal.
7h
on MSN
You can now get the gold Costco membership for $65 — and a free $20 Costco gift card when you sign up
I sat down to write about the benefits of having a Costco membership — especially when you don’t really have the time to ...
6d
on MSN
After finding runaway success with gold, Costco adds an even more precious metal to its offerings
The wholesale retailer on Wednesday announced it is selling 1-ounce platinum bars and platinum coins on its website.
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