Would you like a $2,000 gold bar at Costco with your $4.99 rotisserie chicken? Gold Bar PAMP Suisse Lady Fortuna Veriscan was listed as sold out on Costco’s site this week and bars usually sell out hours after being posted on Costco’s website, according to chief financial officer Richard Galanti. The wholesale retailer began selling gold online in September and 1 oz. gold bars on Friday were going for $2,069.99, with a limit of two bars per Costco membership. However, the tricky part for investors is selling back the physical gold, which can be risky and expensive.

Source: CNN December 18, 2023 17:38 UTC