After Costco's gold bars flew off the shelves, the wholesale retailer turned to selling silver coins. Sold in 25 tubes, the 1-ounce Canada Maple Leaf Silver Coins are priced at $679.99. The coins from the Royal Canadian Mint have a image King Charles III on one side and a...
COSTCO GOLD AND SILVER SALES ‘SEEM TO HAVE GROWN CONSIDERABLY': WELLS FARGO Costco members have rushed to get their hands on the retailer’s gold and silver bars in the past. In September of last year, then-CFO Richard Galanti told analysts and investors that the retailer’s gold bars wer...
Costco members have rushed to get their hands on the retailer’s gold and silver bars in the past. A selection of gold and silver bars and one-ounce gold and silver coins arranged at Gold Investments Ltd. bullion dealers in London, UK, on Tuesday, May 21, 2024. (Getty Images / Gett...
The warehouse club has seen a spike in sales ever since it began selling 1-ounce bars of 24-karat gold last September. With the gold bullion selling out faster than the store could replenish its stock, the discount giant in January added silver coins to its offerings of precious metals. ...
Costco's gold bars were such a hit with customers that the retailer had trouble keeping them in stock. After the retailer added silver coins to its lineup, Wells Fargo estimated that the chain was selling as much as$200 million of gold and silvereach month to its members. ...
Costco is now selling silver coins. Yuriko Nakao/Getty Images Costcois becoming a go-to place for the discerning shopper of precious metals (not to mentionYukon Cornelius). The retailer, whose24-karat-gold bars were a hitwith shoppers (and gave a big boost to the company’s e-commerce div...
The company’s online sales have also gotten a boost from sales of precious metals such as gold bars and silver coins, which are sold exclusively through the website. Costco recently announced that it will also sell platinum bars to consumers. COST stock has risen 67% over the last 12 ...
“I get calls from Costco whenever gold bars arrive as I am a previous buyer. So whenever I see the price has pulled back, I rush to Costco to buy one.” Article content Article content Sunrise Start your day with a roundup of B.C.-focused news and opinion. Si...
The company’s online sales have also gotten a boost from sales of precious metals such as gold bars and silver coins, which are sold exclusively through the website. Costco recently announced that it will also sell platinum bars to consumers. COST stock has risen 67% over the last 12 ...
Comparable-store sales were up 6.5% excluding the impacts of changes in gasoline prices and foreign exchange, while e-commerce sales surged 21% on strong demand for gold bars and silver coins. And membership fees generated around $1.23 billion in ...