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0 0 -6.20432924308186E-05 -0.000261960568040886 -0.000668688818419983 -0.00335033779125888 0.00236453881152615 0.00441196746173987
Stock impact report

You Can Buy Gold Bars at Costco — But Should You Invest? [Yahoo! Finance]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
However, the next time you pop in for a 7-pound tub of Nutella and a $1.50 hot dog, you might be tempted by a different kind of impulse buy: precious metal. According to a Wells Fargo research note reported by The New York Times, Costco has been selling $100 million to $200 million of gold and silver per month , thanks to hot demand. Check Out: 13 Cheap Cryptocurrencies With the Highest Potential Upside for You Explore More: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy “I've gotten a couple of calls that people have seen online that we've been selling 1-ounce gold bars, yes, but when we load them on the site, they're typically gone within a few hours,” said Richard Galanti, Costco's executive vice president and chief financial officer, in a September earnings call. Sponsored: Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity. Should You Buy Gold at Costco? According Show less Read more
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