Costco has seen a surge in demand for gold bars, with reports indicating sales of over $100 million to $200 million worth of gold and silver monthly. The warehouse retailer's move to sell 1-ounce gold bars has attracted significant attention, potentially rivaling China's central bank purchases.
πΊπΈ From air fryers to gold bars, Costco knows how to get shoppers to spend https://t.co/V0w4UMRZLH
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Since it became possible to buy hunks of gold at Costco, American shoppers have bought an estimated $100m-200m worth of the precious metal each month. That is potentially close to half the amount purchased by Chinaβs central bank in March https://t.co/SLqhKA1cF3 π
Costco selling about a quarter BILLION dollars of 24kt gold bars per MONTH due to heightened demand π«¨why the rush? https://t.co/gF42O442Jk
ICYMI: Costco Reportedly Selling More Than $100M Worth of Gold Each Month | Click to read more π https://t.co/hclUvyOM0x
COSTCO IS SELLING $200 MILLION IN GOLD AND SILVER MONTHLY. HERE'S WHY YOU SHOULD BUY IN NOW. (MSN) Warehouse retailer Costco made headlines late last year when it began selling 1-ounce gold bars to its members. There was so much demand for the precious metal, in fact, that the⦠https://t.co/WLXQ4HrlQm
$200 million per month in sales of physical gold and silver. $1.50 hot dogs. Is Costco becoming an inflation refuge?
Precious metals buyer cashes in on Costco's gold bar rush: 'I consider this savings' https://t.co/8OssSJj31c