Costco has gained attention with its 24k gold bar offerings in its online store and select warehouses. These investment-grade gold bars are minted from .9999 pure gold by reputable refineries such as PAMP Suisse and Rand Refinery, and their prices are competitive relative to the current gold market.
Periodically, Costco will add gold bar inventory on its website at a fixed price relative to the current gold price.
On a recent trading day, Costco offered PAMP Suisse 1 oz Gold Bars for around $61 over that day’s gold price, 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%.
Members have taken quite a shine to the new addition, estimating that Costco sells more than 80,000 ounces of gold monthly. While the premiums are low, many members max out the Executive Membership rewards and leverage credit card offers to maximize cash back.
Costco Gold Bar Availability
Costco offers these gold bars with a limited inventory, similar to a “flash sale.” Once the available stock is sold out, the listing becomes inactive. The r/CostcoPM group on Reddit tracks the latest offerings as they become available, but most Costco gold bars sell out within an hour or two.
These same gold bar brands are generally available in the bullion markets, and you can buy them from many trusted and reputable bullion dealers. When considering bullion investment options, FindBullionPrices.com helps investors compare gold bar prices from various well-known refineries.
Most physical gold investors will become familiar with the local coin stores in their area and will also have a handful of favorite online dealers. Not only can this be helpful in adding to your portfolio, but it is also good for down the road, when it’s time to sell. Local coin stores actively trade in precious metals due to their expertise in gold coins and familiarity with market conditions.
The employees at local coin stores can be extremely knowledgeable about tangible assets and will often have insights into the buy/sell spread in the local area. Online bullion dealers offer a large selection of products, including fractional gold bars available in a variety of denominations ranging in weight from as small as 1 gram to as large as 20 grams.
The smallest denomination available from Costco so far has been the 25-gram PAMP Multigram gold bar, which is comparable to the price of a full 1-oz gold bar. Buyers looking for smaller denominations of fractional gold bars will have more choices when shopping with online bullion dealers.
Costco has offered only brands from PAMP Suisse and the Rand Refinery. Both are among the most reputable refineries and private mints; however, the cheapest 1 oz gold bars are often those from the secondary market.
RAND Refinery
Established in 1920, The RAND Refinery is central to processing gold from the renowned South African gold mines. With over a century in operation, the RAND Refinery has established a strong reputation for reliability and quality in the global precious metals market, contributing to its trusted status among investors and collectors.
Depending on the market conditions, gold bars from the RAND Refinery can be cheaper and more cost-effective at a lower price per ounce than those from other refineries. RAND Refinery’s gold bars are a highly liquid investment recognized and accepted worldwide.
Costco Product Page: Item #1768080
RAND 100 Gram Gold Bar
Costco Product Page: Item #179644
PAMP Suisse Gold Bar
PAMP Suisse is a private mint based in Ticino, Switzerland. Established in 1977, the company has become a leader in the precious metals industry with an outstanding reputation for producing gold bars of the highest quality. Each newly minted gold bar is made to the industry standard of .9999 fineness and includes an assay certificate that guarantees its purity and weight.
PAMP Lady Fortuna Series
Throughout its 45-year history, Lady Fortuna has received several updates and refinements, making it the most iconic and recognizable brand in the gold market.
These gold bars include PAMP Suisse’s industry-leading Veriscan technology, which captures each bar’s unique topographical characteristics. A mobile app allows investors to instantly authenticate PAMP Suisse Gold Bars by uploading a series of images, which are then compared to those stored in the Veriscan database during minting. This anti-counterfeiting measure helps assure investors that they buy genuine investment-grade gold bars.
PAMP 100 gram Lady Fortuna Gold Bar
Costco Product Page: Item #1801206
Costco Product Page: Item #1782174
PAMP 1 oz Lady Fortuna Gold Bar
Costco Product Page: Item #1748080
PAMP 20 gram Lady Fortuna Gold Bar
Costco Product Page: Item #1782171
Multigram+25 Gold Bars
The PAMP Multigram+ line contains various quantities of 1-gram gold bars in a single assay card. The card is divisible, and each 1-gram gold bar can be separated while staying sealed within a mini assay card.
So far, Costco has only offered Multigram+25, which contains 25 grams of .9999 fine gold. Other sizes in the product line include the Multigram+12, which contains 12 individually sealed one-gram gold bars. The Platinum Multigram+25 is also available, which can provide additional diversity to your holdings.
PAMP Multigram+25 1 gram Gold Bars
Costco Product Page: Item #1811661
PAMP Rosa Series
The Rosa series’ most distinctive feature is the intricate rose design engraved on the bar’s obverse side. PAMP Rosa’s design showcases the detail, sophistication, and precision of PAMP Suisse’s refining and minting process.
The Rosa design features a single, detailed rose in full bloom at the center of the bar. The rose, with its layered petals unfolding, is depicted with fine lines that showcase the intricacies of its natural form.
Surrounding the rose is a plain, mirror-like finish that contrasts with the rose’s textured detail encased within a border that frames the design, giving it a finished, refined look.
The reverse contains the PAMP hallmark circles logo, weight and purity information, and a unique serial number that matches the tamper-evident assay card.
Costco Product Page: Item #1782169
Costco Product Page:
PAMP Rosa 1 oz Gold Bar
Costco Product Page: Item #1782167
The Rosa design is one of PAMP Suisse’s signature motifs. The rose is a symbol of beauty, love, and often secrecy. The PAMP Rosa design taps into this rich symbolism and the universal appreciation for the flower’s beauty.
Each minted gold bar is made using a die-striking process.
PAMP Lunar Legends Series
Like other PAMP Suisse products, the Lunar series bars are available in high purity .9999 fine gold. The designs are renowned for their intricate detailing and artistic quality. To celebrate the Year of the Dragon, PAMP Each bar features an image of the zodiac animal for that year, often depicted in a style that combines traditional and modern artistic elements.
The Azure Dragon is part of the Four Symbols and is essential for creating environmental balance and harmony. It is often paired with the White Tiger on the opposite side to balance yin and yang energies.
Each bar comes packaged in a tamper-evident assay card with an individual serial number and a certificate of authenticity.
PAMP Lunar Legends Azure Dragon 1 oz Gold Bar
Costco Product Page: Item #1778080