COSTCO SELLING GOLD?!

Good news! At least for those of us who are into buying, selling, or trading gold (XAUUSD). Your local Costco store is now selling gold and it’s selling out quickly from what I’ve heard! Yep! You can get your cheese, toilet paper, luggage, cashews, and now …. gold coins! 🙌🏾

Costco is now your one-stop shop for 1-ounce gold PAMP Suisse Lady Fortuna Veriscan bars. They’re selling for a little less than $1900 (you’d have to be a Costco member to get the exact price). But if you check online you’d see that gold (as of today) is going for $1882.70 per ounce.

Apparently, the bars are selling like hotcakes according to Costco’s CFO, Richard Galanti. On their earnings call, he said that the gold bars don’t last long when they’re in stock, and when they’re loaded onto their website, they’re gone within a couple of hours. The limit is 2 gold bars per member.

Yahoo Finance says, “Costco's website shows that the company sells one-ounce bars of 24-karat gold from South Africa’s Rand Refinery for $1,949.99 and from Swiss supplier, PAMP Suisse for $1,979.99. Both products have been given average 4.9-star ratings on Costco's website.”

These gold bars include insurance as well as signed-for air shipping by UPS. Both products are non-refundable and cannot be returned. So if you’re into gold (I am😜) check Costco’s website and get yours while you still can!

I will be furthering my entrepreneurial education that looks like it’ll take a lot of my time. That means you won’t see me until the classes are over in 2024. So ENJOY THE HOLIDAYS, HAVE A VERY MERRY CHRISTMAS, and I will see you soon!

Copyright ©2023 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post. The opinion expressed here is not investment advice – it is provided for informational purposes only