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They typically sell these gold bars at a premium of about 2% over the current market price of gold. This means if gold is priced at $2,000 per ounce, you might find Costco selling their gold bars ...
The market price of an ounce of gold as of Friday afternoon was $2,018.39, according to a CNBC market exchange page, with charts showing that the price for an ounce of gold has steadily risen over ...
Global trade and fiscal debt concerns are feeding into a flight to safer assets, sharpening gold's edge as a haven from risk, prompting analysts in a Reuters poll to sharply raise their forecasts.
However, adjusted for inflation, gold's price of $850 an ounce, reached in January 1980, is still the record. Today, gold would have to reach $3,222 to beat it.
They might be onto something because the spot price for gold was more than $2,000 an ounce as of Monday, according to both CBS News and CNBC. Costco customers can’t load up on the bars.