Costco reportedly selling new precious metal: platinum
Costco has jumped into selling a new precious metal: 1-ounce platinum bars, according to a Wednesday report from Fortune.
Costco Made a Fortune on Gold Bars. Now It’s Selling Platinum Ones, Too.
The Swiss-made bars are only available to Costco members, whose annual fees range from $65 to $130. Made of 999.5 pure platinum, the bars are non-refundable and limited to one transaction per membership at a maximum of five units per order. They are only available online and can’t be delivered to customers in Louisiana, Nevada or Puerto Rico.
Costco adds platinum to its growing line of precious metal offerings
Costco isn’t the place you’d expect to be a precious metals hub, but following the success of its gold bar sales and silver coins, the retailer has added platinum to the lineup. The company has launched the sale of 1 oz.
Costco still selling gold bars like hotcakes as prices surge
Costco ( COST) is slinging a lot of gold bars as prices for the yellow metal continue to surge. Sales of gold were up "double-digits" in the most recent quarter, Costco CFO Gary Millerchip told analysts on its earnings call Thursday evening. Millerchip went on to add that gold was a "meaningful tailwind" to e-commerce sales in the quarter.
Costco goes platinum. Store offering 1-ounce bars after success of gold, silver
The company sold more than $100 million in gold bars in a three-month period between September and November 2023. It's betting that platinum will do just as well.
Costco is now selling platinum bars for $1,089
Costco is trying to replicate its recent success with gold bars, with platinum joining the extensive list of precious metals that collectors are snapping up at the retailer.
Costco now selling platinum bars, coins online
Following the smash success of adding gold and silver bars and coins to its list of products, Costco has added a new precious metal to its stores: platinum.
Costco is now selling platinum bars after recent success with gold bars
Costco is going platinum. The warehouse giant is now selling 1-ounce platinum bars for $1,089.99 after its recent success with gold bars.
Costco adds platinum bars to ‘doomsday’ collection after massive surge in gold bar sales
The precious metals have a unique target audience in doomsday preppers who like to stack up on the valuables in order to be able to barter in a post-apocalyptic world
Costco makes 9 figures a month selling gold; Now it is offering platinum bars
In times when markets may prove volatile, many move away from the trading and move towards collecting precious metals.
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