The Headache at the End of the Costco Gold Rush

Apr 19, 2024
the-headache-at-the-end-of-the-costco-gold-rush

Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.

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