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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 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’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 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 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.
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.
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 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.
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.
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.
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on MSN
Here's What Happens When You Downgrade Your Costco Membership
Costco's Executive membership offers plenty of value. But read on to see what happens when you decide it's not right for you.
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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 ...
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