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Costco rakes in up to $200m monthly by selling gold bars, experts call it 'smart move'

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”

India , Edward-kelly , Richard-galanti , Nicholas-colas , Reuters , Costco , Wells-fargo , Associated-press , Gold-bars , Sales , Strategy , Millions

Why is Elon Musk wooing Modi? A look into Tesla's India prospects

Elon Musk, CEO of Tesla, announced his upcoming meeting with Prime Minister Narendra Modi in India via X. Speculation suggests Musk's visit aims to unveil Tesla's ambitious project, which has been in the works for years. The project is expected to entail significant investment, likely around $2-3 billion, to establish a factory producing entry-level electric cars

India , Germany , China , Vietnam , Republic-of , United-states , New-york , Shanghai , American , Chinese , Vietnamese , Nicholas-colas

Costco selling as much as $200 million in gold bars monthly – NBC Los Angeles

Gold has turned into money for Costco, where yellow metal sales begun last year have turned into a cash cow for the big-box retailer.

California , United-states , Nicholas-colas , Edward-kelly , Wells-fargo , Citigroup , Costco , Datatrek-research , Southern-california , Middle-east , Eastern-europe , News

Costco selling as much as $200 million in gold bars monthly – NBC Bay Area

Gold has turned into money for Costco, where yellow metal sales begun last year have turned into a cash cow for the big-box retailer.

Edward-kelly , Nicholas-colas , Wells-fargo , Datatrek-research , Costco , Citigroup , San-francisco-bay-area , Housing-deconstructed , Middle-east , Eastern-europe ,

What Costco's Gold Bar Bonanza Tells Us About the Economy

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

Richard-galenti , Nicholas-colas , Edward-kelly , Costco , Citigroup , Wells-fargo , Last-december , Old-bars , Nvestors , Afe-haven , Conomy , Old-sales

Costco selling up to $200 million in gold bars a month, Wells Fargo estimates

Gold has turned into money for Costco, where yellow metal sales begun last year have turned into a cash cow for the big-box retailer.

Nicholas-colas , Citigroup , Costco , Datatrek-research , Eastern-europe , Wells-fargo-amp-co , Gold-us-dollar-spot , Markets , Retail-industry , Metal-commodities , Costco-wholesale-corp , Business-news

Costco Is Selling up to $200 Million in Gold Bars Each Month

Costco Is Selling up to $200 Million in Gold Bars Each Month
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India , Chicago , Illinois , United-states , Kazakhstan , China , Turkey , Bart-melek , Edward-kelly , Nicholas-colas , Phillip-streible , Wells-fargo

Costco selling as much as $200 million in gold bars monthly – NBC Connecticut

Gold has turned into money for Costco, where yellow metal sales begun last year have turned into a cash cow for the big-box retailer.

Connecticut , United-states , Nicholas-colas , Edward-kelly , Datatrek-research , Wells-fargo , Citigroup , Costco , Middle-east , Eastern-europe , News ,

🔒 Tesla demand woes: Investors doubt true worth of the EV empire

Tesla's staggering quarterly sales drop has investors questioning the true worth of Elon Musk's electric vehicle empire.

Adam-sarhan , Gary-black , Nicholas-colas , Ryan-brinkman , David-mazza , Elon-musk , Esha-dey , Fund-advisors , Nvidia-corp , Tesla-inc , Datatrek-research , Nasdaq