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The exact gold bars that Costco offers are 1 ounce gold PAMP Suisse Lady Fortuna Versican bars. The one-ounce bars go for just under $2,000, depending on the time of purchase, according to ...
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.
How Much Do Gold Bars Cost at Costco? So how much are these? While the price is available for members only, according to Insider, they retail at $1,949.99 and $1,979.99, respectively.
The retailer, whose 24-karat-gold bars were a hit with shoppers (and gave a big boost to the company’s e-commerce division), has now added silver coins to its offerings. Shoppers/investors can ...
Gold bars. Costco began selling one-ounce, 24-karat gold bars in October 2023. While typically selling for about 2% above the spot price, Costco offers 2% cash back for executive members and another 2% for users of certain credit cards. Thus it is seen as a low-profit venture for Costco and a loss leader for increasing store memberships.
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 ...
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