Page 2 - Gold Bars News Today

When Costco first started selling gold in October 2023, CFO Richard Galanti said that bars being sold online were “typically gone within a few hours”

The wholesale retailer began selling the 1-ounce, 24-karat gold bars for just under $2,000 each to members in 2023.

Costcos gold bar sales are booming, reaching up to $200 million per month, reflecting investor concerns about inflation and economic uncertainty.

Canadian authorities have filed a third “unexplained wealth order” application against QuadrigaCX co-founder to explain source funds.

India has thousands of small gold refineries which are facing more competition from big players.

Bahrains leading auction platform Mazad has announced its first-ever gold auction, which will include a variety of 24K gold bars and exquisite 18K white and yellow gold jewellery. The gold bar auction is open to public and will run until March 31.

Twenty gold bars found hidden behind the car’s glove box were possibly intended for mainland China.

Senator Robert Menendez must be running out of options. In court papers filed late Monday, federal prosecutors alleged that both the New Jersey lawmaker and his wife, Nadine Menendez, told a “false cover story” about the origin of gold bars that prosecutors allege were the result of bribes from foreign agents.Per Nadine’s alibi to a jeweler, the couple obtained the gold bars from “her deceased mother.” A Menendez staffer reported that the senator himself also t...

The rush to the safe haven asset indicates uncertainty around China's financial health as stocks slump and real estate remains in the doldrums.

The Chinese-backed ReelShort video app that lets you watch cheaply made original soap operas in 60-second chunks is profitable off microtransactions.