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Costco solved that: real known-purity gold, in-hand, almost no markup. The demand for gold is not new. What is new is that Costco is a reputable supplier that will sell on such terms to Joe Public (with a Costco membership)
If you see the Costco gold available jump on it because it usually sells out quickly. Very good deal especially if you have the executive membership, you get 2% cashback and of you use a credit card that has cashback, thats another 1-2%.
Costco sold more than $100 million in gold bars last quarter. I work in the warehouse with alot of people who bought these as "investments" yet don't participate in the Employee Stock Purchase Program. I'll keep my money in Costco stock instead of physical gold bars.
8 paź 2024 · Costco’s one-stop shopping convenience is bringing gold buying to the masses by offering prices that undercut traditional precious metals dealers and extra rewards for its most loyal...
8 mar 2024 · Digital sales grew more than 18% compared to a year ago, powered by demand for gold bars, silver, and appliances, Costco CFO Richard Galanti told analysts on a late Thursday conference call.
28 wrz 2023 · Regardless of the price, gold is selling like hotcakes, judging by comments Tuesday from Costco Chief Financial Officer Richard Galanti. Speaking on the company’s quarterly earnings call ...
11 kwi 2024 · Now Costco is selling up to $200 million worth of gold and silver each month, according to an analysis from Wells Fargo. Online forums and Reddit threads have cropped up where customers give...
