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The company is selling two options, both priced at just under $2,000, online: a one-ounce gold bar from Rand Refinery, and one-ounce bars from PAMP Suisse—but they’re only available to Costco ...
According to the Costco website, the one-ounce bars from South Africa’s Rand Refinery are selling for the whopping price of $1,949.99, while the gold bars from Swiss supplier PAMP Suisse cost ...
The exact gold bars that Costco offers are 1 ounce gold PAMP Suisse Lady Fortuna Versican bars. The one-ounce bars go for just under $2,000, depending on the time of purchase, according to ...
A couple of important points from that thought: The bars indeed are only available online, and only if you’re a Costco member, which costs either $120 or $60 a year, depending on which program ...
Costco began selling one-ounce, 24-karat gold bars in October 2023. [148] While typically selling for about 2% above the spot price, Costco offers 2% cash back for executive members and another 2% for users of certain credit cards. Thus it is seen as a low-profit venture for Costco [149] and a loss leader for increasing store memberships. [150]
You can buy one-ounce gold bars of 24-karat gold from South Africa’s RAND Refinery, or a Swiss-made PAMP Suisse Lady Fortuna Veriscan, according to the description on Costco’s website. How ...