Costco is selling gold bars and they are selling out within a few hours
Costco has been offering one-ounce gold bars for sale, which quickly get sold out, according to the company’s CFO, Richard Galanti. The retailer limits the purchase of these gold bars to two per member. The bars are available in two variants: 24-karat gold bars from Rand Refinery in South Africa priced at $1,949.99 and PAMP Suisse bars from Switzerland priced at $1,979.99. Both products have received high ratings, averaging 4.9 stars on Costco’s website. Customers purchasing these gold bars receive insured and signed-for air shipping through UPS. It’s important to note that these products cannot be returned or refunded, and each member can only buy a maximum of two of each item. Costco has expanded its offerings to include these gold bars At the time of this information, the market price for an ounce of gold was just under $1,890. Some Reddit users have reported difficulties in acquiring these gold bars, but executive members are still eligible for 2% cash back. Despite being k...