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The spread is evident in Costco’s pricing. With the spot price of gold at $2,018 in mid-December, its gold ingots cost about 3 percent more than the fair, market-determined value of gold. But ...
Chances are, interest around Costco's gold bars isn't going away anytime soon. Although one or two ounces of gold won't have a huge impact on diversifying one's investment portfolio, experts note ...
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 ...
The gold rush at Costco is a very real thing. An analyst note from Wells Fargo estimates sales of the company’s gold bars currently account for between $100 million and $200 million per month ...
Costco is selling gold bars online. In uncertain economic climates characterized by market volatility and fears of recession, it's not uncommon to see a surge in the demand for precious metals.
Spot gold—usually used by investors as a hedge against geopolitical and economic turbulence—was trading at around $1,875 an ounce on Thursday morning; the price of the precious metal has ...
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 first quarter, which ended Nov. 26, Costco CFO ...
And if all the banks collapse, well you can always dig up the Costco gold bars you buried in the backyard and try to barter your way through the surrounding anarchy. But there are drawbacks: It's ...