Costco could be racking in $100 million a month by selling gold bars, according to an equity analyst. The wholesale supermarket chain started selling 1-ounce bars of nearly pure 24-karat gold for ...
gold bars — and during its last fiscal quarter, Costco sold over $100 million worth of gold bars, the company announced on Thursday. Costco CFO Richard Galanti shared the news in an earnings ...
An April 2024 Wells Fargo analysis estimated Costco's gold bars brought in between $100 million and $200 million a month since their October debut. Sales of precious metals have become a goldmine ...
A 1 oz. 24-karat gold bar from South African company Rand Refinery or PAMP Suisse cost about $1,950 and $1,980, respectively Kimberlee Speakman is a digital writer at PEOPLE. She has been working ...
FOR the first time ever, a bar of gold is worth a cool one million dollars. The milestone was reached Friday, when the precious metal’s spot price surpassed $2,500 per troy ounce, an all-time high.
But which type of precious metal is best during periods of high inflation — gold, silver or something else entirely? Find out how to add gold to your portfolio today. Experts say gold is usually ...