Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home DramaAlert

Costco Reportedly Selling More Than $100M Worth of Gold Each Month

rmtsa by rmtsa
April 11, 2024
in DramaAlert
0
Costco Reportedly Selling More Than 0M Worth of Gold Each Month
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Warner Bros Feature Slate To Be Released In Japan By Toho-Towa From 2026

ABC suspends Jimmy Kimmel’s show indefinitely over Charlie Kirk death monologue – National

A sociological analysis of loved-up couples at the 2025 Emmys by one of TikTok’s favorite culture commentators

1 oz. gold bars costco

Families looking to buy huge packs of toilet paper and dirt cheap hot dogs at Costco can now make out like old-timey prospectors, ’cause the retailer’s got gold to spare, which is flying off their digital shelves … to the tune of potentially hundreds of millions.

The store known for selling everything in bulk is in the precious metals game these days … selling 1-oz, 24-karat gold bars in their stores for around $2,400 a pop. This has been going on for about 6 months or so now, and at this point … it’s apparently a money-maker.

Analysts at Wells Fargo reportedly told its clients earlier this week that Costco might be bringing in between $100 million and $200 million on gold sales each month. Wowza!

Now for those folks thinkin’ about buyin’ up all Costco’s gold supply, take a breath … ’cause the warehouse giant’s got rules about purchasing the gold.

1 oz. gold bars

It’s limiting customers to just 5 gold bars per membership. Of course, these things go like hotcakes … and get snatched up on their website within hours anytime they restock.

Funny enough, CNBC’s also reporting the company’s not turning a huge profit on the gold … with cash-back offers and shipping costs mercilessly cutting into the bottom line. In other words, the great deals Costco offers make the gold bars a steal … if you can get’ em, that is.

That said, the company’s bought up a Fort Knox-level of gold regardless … and, could be saving it for a rainy day. Some economists are suggesting them selling gold is a smart biz move — as more investors seem to be pivoting back toward assets like gold, etc.

So, get your gold while you can … and grab some massive cans of tuna while you’re at it.



Source link

Tags: 100MCostcoGoldMonthreportedlySellingWorth
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Warner Bros Feature Slate To Be Released In Japan By Toho-Towa From 2026

by rmtsa
September 18, 2025
0
Warner Bros Feature Slate To Be Released In Japan By Toho-Towa From 2026

Warner Bros. Motion Picture Group has entered into a licensing agreement with Japan’s Toho-Towa Group which will see the latter’s Towa Pictures subsidiary handle theatrical distribution of the Warner...

Read more

ABC suspends Jimmy Kimmel’s show indefinitely over Charlie Kirk death monologue – National

by rmtsa
September 18, 2025
0
ABC suspends Jimmy Kimmel’s show indefinitely over Charlie Kirk death monologue – National

ABC has suspended Jimmy Kimmel’s late-night show indefinitely after comments that he made about Charlie Kirk’s killing led a group of ABC-affiliated stations to say it would not...

Read more

A sociological analysis of loved-up couples at the 2025 Emmys by one of TikTok’s favorite culture commentators

by rmtsa
September 17, 2025
0
A sociological analysis of loved-up couples at the 2025 Emmys by one of TikTok’s favorite culture commentators

The Emmys red carpet is always about more than just fashion — it’s where Hollywood couples put their relationships on display. To help make sense of what those...

Read more

Chris Brown Deactivates IG After “Colorist Rage Baiting” Message

by rmtsa
September 17, 2025
0
Chris Brown Deactivates IG After “Colorist Rage Baiting” Message

Not even two days after Chris Brown and Kayla Nicole broke the internet, he’s taking a break from it. The superstar, who is touring in the U.S. right...

Read more

Congratulations! Cardi B Pregnant By Stefon Diggs

by rmtsa
September 17, 2025
0
Congratulations! Cardi B Pregnant By Stefon Diggs

Source: Elsa / Getty Oh, baby! Cardi B is pregnant! The Am I The Drama? rapper confirmed on CBS Mornings that she’s pregnant with baby number four, her...

Read more
Next Post
Ice Spice Joins Denzel Washington and Spike Lee’s Next Movie

Ice Spice Joins Denzel Washington and Spike Lee’s Next Movie

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • 2025 Is the Year Late Night TV Fell Apart: A Complete Timeline
  • Warner Bros Feature Slate To Be Released In Japan By Toho-Towa From 2026
  • Dave Blunts Says Kanye West Tried To ‘Groom’ Him

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In