Costco experiences gold bar sales surge due to high bullion prices and economic uncertainty.
Costco is experiencing a significant increase in gold bar sales due to record-high bullion prices. The retailer's competitive pricing and rewards for members make gold purchases more accessible, appealing to customers seeking a safe investment amid economic uncertainty. A recent survey indicated that 77% of stores sold out of gold bars within the first week of October. This surge in demand is also contributing to Costco's online sales growth.
October 07, 2024
26 Articles