Costco is now selling platinum bars. Here's what to know ... - CBS News
WEB3 days ago · October 3, 2024 / 12:02 PM EDT / CBS News. Costco is expanding its precious metals offerings, building on top of its rollout last year of gold bars, which often sold out within hours. The retailer ...
Costco still selling gold bars like hotcakes as prices surge
WEBSep 27, 2024 · GC=F. Costco (COST) is slinging a lot of gold bars as prices for the yellow metal continue to surge. Sales of gold were up "double digits" in the most recent quarter, Costco CFO Gary Millerchip ...
Costco sees double-digit growth in gold sales, adds new bullion ...
WEB6 days ago · The store’s bullion products continue to drive its online sales, with the company stating that its gold sales increased by “double digits” over the last three months. During Thursday evening’s conference call, Costco CFO Gary Millerchip said that gold was a "meaningful tailwind" to e-commerce sales in the quarter.
Costco makes hundreds of millions on 24-karat gold bar sales
WEBApr 11, 2024 · In a new equity research note from Wells Fargo, the bank estimated Costco has generated $100 million to $200 million per month in gold bar sales.
Gold Bar Sales Are Surging at Costco. Why? - The New York Times
WEBApr 11, 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...
Costco now sells up to $200 million a month in gold and silver
WEBApr 10, 2024 · Gold bars at Costco are selling for about 2% above spot price, according to Wells Fargo. That means while Costco is happy to offer the metals to consumers, it's not generating by way of...
Costco is selling gold bars, and they're selling out within hours
WEBApr 10, 2024 · The Costco bars are selling for slightly more than the spot price of gold, which stood at $1,875 an ounce on Thursday, according to financial data firm FactSet. Costco customers appear to...
Costco gold bars: Here's what's behind the demand | AP News
WEBOct 4, 2023 · Costco CFO Richard Galanti said the gold bars, which are sold exclusively online, are “typically gone within a few hours” of appearing on the chain’s website — adding that there’s a two-bar limit per member.
Costco gold bar sales top $100 million in quarter leading to …
WEBDec 15, 2023 · Retail giant Costco announced Thursday that it had sold over $100 million in gold bars in the first fiscal quarter of 2024, according to CNBC.
Costco sold more than $100 million in gold bars last quarter
WEBDec 15, 2023 · Costco has found a new hit with online shoppers — gold. The retail warehousing giant sold more than $100 million of the precious metal in its fiscal first quarter, which ended Nov. 26, Costco...
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