Costco’s gold bars fly off shelves as bullion prices smash records
WEB1 day ago · Shoppers also get a 2% reward on purchases with an executive membership, which costs $130 a year. Costco was selling one ounce bullion bars on Sept. 28 for a 1.6% premium to spot gold’s price ...
Move over, gold rush! Costco selling popular platinum bars
WEB1 day ago · Costco shoppers aren't just buying rotisserie chicken and toilet paper in bulk, but also platinum bars. Members of the popular retailer can now pick up 1-ounce platinum bars for $1,089.99, a ...
Costco gold bars are selling out as prices for the precious metal …
WEB1 day ago · At Costco, the bullion bars currently retail for $2,699.99 but sold for just under $2,000 each in October 2023, when the price of gold was closer to $1,830 per ounce. Costco CFO Richard Galanti ...
Costco gold bars selling out quickly as bullion prices rise: survey
WEB1 day ago · Costco's website shows 1-ounce gold bars were available for purchase for $2,689.99 before tax, but are now sold out, leading to members rushing to stores. Costco's prices undercut traditional ...
Gold Bar Sales Are Surging at Costco. Why? - The New York Times
WEBApr 11, 2024 · Costco is now selling one-ounce, 24-karat gold bars, according to its online store. The bars can be purchased only by members, and the price varies based on market rates.
Costco gold bars: Here's what's behind the demand | AP News
WEBOct 4, 2023 · 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 there’s a two-bar limit per member. As of Wednesday, they remained sold out.
Costco sold more than $100 million in gold bars last quarter
WEBDec 15, 2023 · 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 fiscal first quarter, which ended Nov. 26, Costco...
Costco is selling gold bars and they are selling out within hours
WEBSep 27, 2023 · Costco is selling 1 ounce gold PAMP Suisse Lady Fortuna Veriscan bars. Costco Chief Financial Officer Richard Galanti said the bars are in hot demand and don’t last long when in stock. Gold...
Costco gold bars selling out fast - Quartz
WEB19 hours ago · 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 ...
Costco is selling gold bars, and they're selling out within hours
WEBApr 10, 2024 · The Costco bars are selling for slightly more than the spot price of gold, which stood at $1,875 an ounce on Thursday, according to financial data firm FactSet. Costco customers appear to be fans...
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