Silver Rises Over 120% YTD 
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.
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Gold Is Up 41% From a Year Ago. The Fed Can’t Stop It
Gold is trading at $4,648/oz — up 41% from a year ago, down 14% from January’s record. Both numbers are true. The one that matters is the 41%. It held through a war, three hawkish Fed holds, and the most fractured FOMC vote since 1992. Here’s why that gap between the record and today’s price is a floor, not a warning.
May 1, 2026
