Costco Rakes in Millions Selling Gold and Silver to Bargain Hunters
- Costco makes $100M-$200M a month selling gold bars
- Started selling 1oz, 24K gold bars for $2,000 each in October
- Pricing is about 2% above spot price before 2% executive member reward
- Recently began selling silver coins in tubes of 25, now sold out
- Price of gold up 0.87% today to $2,349.44 per ounce, up 13.7% in 2024