Costco’s Gold Rush: How Shoppers Are Cashing in on Gold and Platinum Bars
Costco’s success with gold prompted the retailer to expand its offerings by introducing platinum bars at competitive prices.
Costco’s success with gold prompted the retailer to expand its offerings by introducing platinum bars at competitive prices.
Fractional gold bars provide an accessible entry point but in smaller, more affordable units.
Many investors prefer the convenience of ETFs, which allow for quick trades via traditional broker apps. However, nothing provides the same financial security of having physical possession of your assets.
To protect yourself from purchasing fake gold, it’s essential to learn how to test gold’s authenticity at home.
Costco is now offering gold products more frequently, with some of the more popular bullion items being available daily.
On a recent trading day, Costco offer PAMP Suisse 1 oz Gold Bars for around $61 over that day’s gold price, which was a premium of around 2.6%. The lowest dealer price for the Lady Fortuna Gold Bar that day was around $76 over melt value, roughly 3.24%.
Costco has broadened its selection of precious metals, introducing an array of new coins and bars to cater to the growing interest in tangible assets. The addition includes a variety of gold and silver coins and bars from renowned mints around the world, making it easier for members to diversify their investment portfolios.
The new lineup features investment-grade bullion coins such as the American Gold Eagle, Canadian Maple Leaf, along with various sizes of gold bars from PAMP Suisse and the RAND Refinery.
Costco, best known for their $1.50 hotdog and soda combo, is now offering members additional investment-grade precious metals that are available to buy online.
To celebrate the 20th Anniversary of the Call of Duty video game franchise, Activision has partnered with PAMP Suisse to develop a line of limited edition silver and gold bars featuring the imagery from the game.
Gold is the one thing that is universally recognized worldwide as a store of value. Virtually anywhere in the world where you can find a local coin shop or precious metals broker, you can exchange a gold bar for local currency.