Gold fever is no longer limited to China and India, as Americans are buying the precious metal at the supermarket Costco. The accumulation spree was so massive that stocks of gold bars at Costco ...
Oppenheimer pointed out that non-food categories remained a bright spot for Costco (COST) in September, increasing in the low-teens again, fueled by gold bars and gift card spending. Analyst ...
Furthermore, non-food categories experienced robust growth, particularly in jewelry, including gold bullion, gift cards, and home furnishings, which all saw low-teen percentage increases.
Come for the hot dogs, leave with precious metals: Costco just introduced 1-ounce platinum bars following the massive success of its gold bars. With platinum prices up about 15% in the past year ...