Costco Rakes In Up To $200 Million a Month Selling Gold and Silver Bars

Costco sells $100M-$200M worth of gold and silver bars per month due to aggressive pricing and high customer trust
Sales have climbed sharply based on Reddit posts, quick online sellouts, and robust monthly e-commerce figures
Gold prices have hit record highs lately, rising 14.5% since January, making it an attractive inflation and volatility hedge
Costco sells 1 oz gold bars from PAMP and Rand Refinery stamped with Lady Fortuna and elephants for 2% over spot price
Low profit business for Costco based on pricing and shipping costs according to Wells Fargo analyst