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 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.
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
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 goes platinum. Store offering 1-ounce bars after success of gold, silver
The company sold more than $100 million in gold bars in a three-month period between September and November 2023. It's betting that platinum will do just as well.
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.
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 gold bars are selling out as prices for the precious metal break records, survey says
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.
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.
Costco is selling platinum bars as it expands its precious-metals business after huge success selling gold
The 1-ounce platinum bar sells for $1,090. Sales of gold bars on Costco's website have previously sold out in minutes.
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.
Costco cashing in on boom in gold prices with precious metal sales
Costco hopes its popular pure gold bars that sell for nearly $2,700 an ounce will also help drive sales of platinum bars.
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 ...