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There's a modern-day gold rush taking place at Costco, with the big-box retailer reportedly selling up to $200 million worth of gold bars each month, according to a Wells Fargo analysis. The sales ...
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.
Costco is becoming a go-to place for the discerning shopper of precious metals (not to mention Yukon Cornelius).. The retailer, whose 24-karat-gold bars were a hit with shoppers (and gave a big ...
While not a typical outlet for the sale of precious metals, the members-only warehouse chain has seen its 1-ounce gold bars sell out faster than discounted 170-ounce jugs of laundry detergent.
“The wholesale retailer began selling gold online in September and 1 oz. gold bars on Friday were going for $2,069.99, with a limit of two bars per Costco membership,” CNN says.
While the price is available for members only, according to Insider, they retail at $1,949.99 and $1,979.99, respectively. For Andrew Latham, certified financial planner and director of content at ...
A couple of important points from that thought: The bars indeed are only available online, and only if you’re a Costco member, which costs either $120 or $60 a year, depending on which program ...
Gold seems safe, but it's value is subject to fluctuation. Costco, the bulk-shopping powerhouse renowned for its competitive pricing on household staples and groceries, has recently broadened its ...