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 ...
Costco’s gold bars fly off shelves as bullion prices hit records
WEB1 day ago · Costco was selling one ounce bullion bars on Sept. 28 for a 1.6 per cent premium to spot gold’s price — below what precious metals retailers charge. Add a potential four per cent in rewards, and Costco members get an even bigger break. This advertisement has not loaded yet, but your article continues below.
Costco gold bars are selling out as prices for the precious ... - The …
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 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 · Now Costco is selling up to $200 million worth of gold and silver each month, according to an analysis from Wells Fargo. Online forums and Reddit threads have cropped up where customers give...
Costco selling as much as $200 million in gold bars monthly, …
WEBApr 9, 2024 · Costco is selling 1-ounce bars made of nearly pure 24-karat gold. While the price is not disclosed online to nonmembers, it’s estimated that the product generally sells for about 2% above the ...
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 still selling gold bars like hotcakes as prices surge
WEBSep 27, 2024 · GC=F. Costco (COST) is slinging a lot of gold bars as prices for the yellow metal continue to surge. Sales of gold were up "double digits" in the most recent quarter, Costco CFO Gary Millerchip ...
Costco gold bars: Here's what's behind the demand | AP News
WEBOct 4, 2023 · Costco CFO Richard Galanti said the gold bars, which are sold exclusively online, are “typically gone within a few hours” of appearing on the chain’s website — adding that there’s a two-bar limit per member.
Costco gold bar sales top $100 million in quarter leading to …
WEBDec 15, 2023 · Retail giant Costco announced Thursday that it had sold over $100 million in gold bars in the first fiscal quarter of 2024, according to CNBC.
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