Costco Is Selling Gold Bars Online And Can't Keep Them In Stock
Costco says it's had trouble keeping up with demand for the one-ounce gold bars it's started selling for around $2,000 a pop online.
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Costco says it's had trouble keeping up with demand for the one-ounce gold bars it's started selling for around $2,000 a pop online.
Costco's been selling of gold bars as NJ Sen. Bob Mendendez faces a federal probe for allegedly accepting more than $150K in gold in exchange for political favors.
One of Costco’s newest merchandise items has been selling out within a matter of hours, CFO Richard Galanti said on an earnings call Tuesday. “I’ve gotten a couple of calls that people have seen online that we’ve been selling one-ounce gold bars,” Galanti told investors during the retailer’s fourth-quarter earnings call. “Yes, but when we […]
Costco has rolled out two gold bars for online customers to capitalize on a gold rush, with CFO Richard Galanti saying Tuesday the products are 'gone within a few hours' after they are on sale.
When Costco lists gold bars for sale online, "they're typically gone within a few hours and we limit two per member," its CFO told investors.