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The retailer is now adding 1-ounce platinum bars to its lineup. ... During the past year, the spot price for platinum has increased about 16%, compared with a 42% gain for gold, FactSet's data ...
The 1-ounce platinum bar sells for $1,090. Sales of gold bars on Costco's website have previously sold out in minutes. ... While the price of platinum is about flat year to date, it's up 14% over ...
Platinum's market value fluctuates around $1,008 per ounce, so Costco’s $1,089.99 price tag reflects a small markup. However, buyers are willing to pay a premium for the convenience of ...
While the difficulty of obtaining macroscopic samples of synthetic elements in part explains their high value, ... Platinum: 21.46: 0.005 (1.385 ...
The 1 ⁄ 10, 1 ⁄ 4, and 1 ⁄ 2 troy oz coins are identical in design to the 1 troy oz coin except for the markings on the reverse side that indicate the weight and face value of the coin (for example, .9995 PLATINUM 1 OZ.
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver. They are kept as a store of value or an investment rather than used in day-to-day commerce. [1]
Costco’s New Platinum Bars. Following its success with gold, Costco recently introduced 1-ounce platinum bars for $1,089.99. These bars are 999.5 pure platinum, Swiss-made, and certified by the ...
The silver coin is also one of the top selling bullion coins, ranked third in 2013. [1] In 2016, the mint introduced a one-ounce platinum coin with a face value of 100 euros. [3] Like any bullion coin, the value is based primarily on the metal content and the spot price of that metal on the commodities markets.