Costco Rakes In Up To $200 Million a Month Selling Gold to Inflation-Wary Shoppers
- Costco selling large volumes of gold, estimated at $100M - $200M per month
- Increased interest and buyers brought in by Costco's trusted reputation
- Gold prices have been steadily rising since Costco introduced gold bars in October
- Gold seen as inflation hedge and store of value, useful portfolio diversifier
- Whether to buy gold depends on investment goals, risk tolerance, economic outlook