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Published

Costco’s gold bars fly off shelves across its US stores as bullion prices smash records

  • Gold prices have surged nearly 30 percent in 2024, reaching record highs, leading to increased bullion sales at Costco stores across the US.
  • Costco's competitive pricing and rewards program make it an attractive option for gold buyers, attracting more customers than traditional dealers.
  • A Bloomberg survey indicated that Costco struggles to keep gold bars in stock due to high demand.
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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Center
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