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Will Costco’s new platinum addition replicate the soaring demand for gold and silver?
- After successful gold, silver sales, Costco now offers 1-ounce platinum bars and coins online for $1,089.99.
- Precious metals have significantly boosted Costco's online sales, contributing to quarterly growth.
- Costco's gold bars are selling up to $200 million worth each month, despite low profit margins.
October 3, 2024