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Coverage dated December 14, 2023

Costco sold more than $100 million in gold bars last quarter

Headline from NBC New York

The 1-ounce bars typically sellout within a few hours after they are loaded onto Costco’s website. Customers are limited to two bars per Costco membership.

NBC New York's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Read the reports

Reports & sources

10 articles, oldest first.

  1. The Guardian

    Costco sells $100m in gold bars in most recent quarter (opens The Guardian)

    Published

    The Guardian's feed description

    Retailer began selling bars of 24-karat gold online in September, with each release selling out ‘within a few hours’

  2. NBC New York

    Costco sold more than $100 million in gold bars last quarter (opens NBC New York)

    Published

    NBC New York's feed description

    The 1-ounce bars typically sellout within a few hours after they are loaded onto Costco’s website. Customers are limited to two bars per Costco membership.

  3. New York Post

    Costco made $100 million off this golden item alone in most recent quarter — just 2 per customer (opens New York Post)

    Published

    New York Post's feed description

    The bars, made in South Africa, are 24 carat-gold and are not refundable. Each bar is “individually stamped with a unique serial number,” according to Costco’s website.

  4. FOX Business

    Costco sold $100 million in gold bars last quarter (opens FOX Business)

    Published

    FOX Business's feed description

    Costco apparently made quite a bit of coin from gold bars in the first quarter, with many online customers having opened their wallets to score ounces of the precious metal.

  5. People

    Costco Sold Over $100 Million Worth of Gold Bars Last Quarter, CFO Says (opens People)

    Published

    People's feed description

    Costco sold over $1000 of gold bars last quarter, CFO Richard Galanti announced during an earnings call this week.

  6. CBS News

    Costco sold $100 million in gold bars amid inflation fears (opens CBS News)

    Published

    CBS News's feed description

    Costco's new gold bar offerings, which have sold out within hours, contributed to its strong earnings last quarter, the company said.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

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