Gold bars launched at Costco in August 2023, and not even two months later were selling out within hours of a restock.
Costco launched platinum bars on its website for $1,089.99, an addition to the company's precious metals selection of gold bars and silver coins.
While the value of gold has risen consistently in the last five years, platinum has not held up as well. The value of platinum is up more than 10% since last year, though it has dropped more than 8% since May.continues to chip away at the gold mine that is the precious metals market. The wholesaler is adding Swiss-made platinum bars to its selection.
Costco on Wednesday announced the 1-ounce platinum bars, on sale for $1,089.99 on its website alongside its now-famed gold bars and silver coins. The bars are only sold online, and cannot be delivered to Louisiana, Nevada or Puerto Rico, the company said. Interested buyers will also need a Costco membership, which costs between $65 or $130 a year.at Costco in August 2023, and not even two months later were selling out within hours of a restock.
The value of gold has risen more than 40% in the past year and more than 70% in the last five years. But the price of platinum has been a little more rocky in recent years. The value of platinum has risen more than 15% over the past 12 months, though it has dropped more than 8% since topping $1,100 earlier in 2024.Michael Jordan's 23XI Racing team sues NASCAR and CEO Jim FranceInvestigation
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Safe2Tell sees 23% increase in reports in August compared to same month in 2023Sydney Isenberg is an Emmy-nominated digital content producer with Denver7 (KMGH) in Denver, Colorado. She began her career in Bakersfield, California, after graduating from the Walter Cronkite School of Journalism and Mass Communication at Arizona State University in 2018.
Read more »
Costco recall: Do not eat these 2 foods from Costco; return them for a refund ASAPCostco is urging customers to return these two items for a full refund
Read more »
Ten Point Coalition says 6 of its 9 patrol areas have not recorded a murder this yearTaj Simmons is a multimedia journalist who joined WRTV in August 2023.
Read more »
Billy Joel, Sting announce show at Lucas Oil Stadium in 2025Taj Simmons is a multimedia journalist who joined WRTV in August 2023.
Read more »
Indianapolis Animal Care Services to become independent agencyTaj Simmons is a multimedia journalist who joined WRTV in August 2023.
Read more »
Martin University launching free pre-K program for the publicTaj Simmons is a multimedia journalist who joined WRTV in August 2023.
Read more »