Gold Bar Sales Are Surging at Costco. Why? - The New York Times
WEBApr 11, 2024 · Costco is now selling one-ounce, 24-karat gold bars, according to its online store. The bars can be purchased only by members, and the price varies based on market rates.
Costco still selling gold bars like hotcakes as prices surge
WEB2 days ago · 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 makes hundreds of millions on 24-karat gold bar sales
WEBApr 11, 2024 · The big box retailer, which started selling 1-ounce nearly pure 24-karat gold bars priced at about $2,000 last fall, has seen a growing amount of consumer interest recently amid inflation and ...
Costco sells $100 million in gold bars amid inflation fears - CBS News
WEBDec 15, 2023 · Costco's gold rush is bringing in big bucks. The membership-based wholesale retailer sold an eye-popping $100 million in one-ounce gold bars last quarter, Costco CFO Richard Galanti said...
Costco now sells up to $200 million a month in gold and silver
WEBApr 10, 2024 · According to a recent estimate from Wells Fargo, the members-only retailer now sells $100 million to $200 million worth of gold and silver a month. The burgeoning business comes as the price of...
Costco gold bars: Here's what's behind the demand | AP News
WEBOct 4, 2023 · Looking for something to add to your Costco cart along with the 30 rolls of toilet paper? How about a bar of gold? 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.
Costco selling as much as $200 million in gold bars monthly ... - CNBC
WEBApr 9, 2024 · Gold has turned into money for Costco, where yellow metal sales begun last year have turned into a cash cow for the big-box retailer.
Costco gold bars are selling for a fair price, and fast, CFO says
WEBOct 3, 2023 · Costco is now selling one-ounce gold bars to members only online and they are selling out fast, at a price that's in line with market rates.
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. The announcement came in the company's earnings...
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...
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