Costco is making $100 million to $200 million a month by selling gold bars, according to a Wells Fargo equity research note.

As of 9:22 p.m. Moscow time (6:22 p.m. GMT) the gold price was up by 1.7% at $3,353.7 per troy ounce. By 9:37 p.m. Moscow time (6:37 p.m. GMT) the gold price had extended gains to 1.72% as it ...