Costco's One-Ounce Gold Bars Selling Out in Hours, Becoming Impulse Buy for Customers

Costco is reportedly selling gold bars that are selling out within a few hours. The one-ounce gold bars, priced at around $1,900 each, have been in high demand and are disappearing from shelves shortly after being restocked. Customers are limited to purchasing one bar per person. CNBC reports that the gold bars have become an impulse buy for some consumers. Despite the rush, Costco claims that the bars are real and of impeccable quality. The retailer is known for offering bargain prices on various items, and the addition of gold bars seems to have excited its members. The value of gold has increased by 55% over the past five years, making it a potentially lucrative investment. Costco's move to sell gold bars online may also reflect investors' predictions for the stock market and economy.