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Costco Selling $200M of Gold Each Month
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Costco Selling $200M of Gold Each Month

As the demand for safe-haven gold continues to build momentum‚ Costco is now selling as much as $200 million worth of one-ounce 24-karat gold bars each month‚according to a report from Wells Fargo.The big-box warehouses sales of 99.9% pure silver coins are also booming.Gold prices scaled anall-time record peak of $2‚400Friday and were poised to post a fourth straight weekly gain as geopolitical risks and economic concerns surrounding China attracted robust demand.
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