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Precious Metal Fever: How Costco’s Gold Bars Became the Hottest Item in 46 States

Costco has implemented a purchase limit of two gold bars per transaction within a 24-hour period due to overwhelming demand for its 24-karat, one-ounce gold bars. Initially introduced in 2023 at around $1,950-$1,980 per bar, these precious metal products have consistently sold out within hours of restocking. A Bloomberg survey found that approximately 77% of Costco stores across 46 states reported sellouts within the first week of October 2024. Wells Fargo analysts estimate that Costco’s gold bullion sales generate between $100-200 million monthly, though financial experts caution about the volatility of precious metals investments.

Original Source: The Sun

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Latest News

News
Gold Rises as Jobs Slow and Global Growth Falters 
Read More
Videos
Is $140,000 the New Poverty Line?
Read More
News
Silver Slips on Index Rebalancing as Jobs Data Looms
Read More
News

Gold Rises as Jobs Slow and Global Growth Falters 

U.S. job growth is fading, housing starts have slumped to pandemic-era lows, and China’s economy remains under pressure. As growth doubts spread globally, gold is holding firm — supported by shifting Fed expectations and steady central bank demand.

Read More »
January 9, 2026
Is $140,000 the New Poverty Line?
Videos

Is $140,000 the New Poverty Line?

If earning six figures still feels like falling behind, you’re not alone. This breakdown reveals why the real poverty line in America may be closer to $140,000—and how outdated metrics hide the true cost of modern life.

Read More »
January 9, 2026
News

Silver Slips on Index Rebalancing as Jobs Data Looms

Gold pulled back as commodity index rebalancing and a stronger dollar pressured prices ahead of U.S. jobs data. But central bank buying, geopolitical risk, and shifting reserve strategies suggest markets may be underestimating gold’s longer-term support.

Read More »
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