Americans are rushing for gold too? Costco gold bars sold out consumer enthusiasm is not reduced
白云追月素
发表于 2023-9-30 10:17:49
160
0
0
On the call, Costco Chief Financial Officer Richard Galanti mentioned a special new item at the big box store - gold bullion. It is well known that Costco is often loved by people for its cheap commodities, which seems to be incompatible with the precious metal gold.
It is understood that Costco gold bars can only be purchased on the official online store. According to the website, each 24-karat gold bar weighs 1 ounce and is made in Switzerland. In appearance, the gold bar is about 4 centimeters long and 2.5 centimeters wide, and it is engraved with the goddess "Lady Fortuna" in Roman mythology.
Each gold bar is secured in a protective package with a paper official inspection certificate and a digital certificate that can be accessed via a QR code. The price of gold bars requires login members to view, each member is limited to two, and no refund is accepted.
According to data revealed by some forums, the current price of gold bars at Costco is slightly less than $1,900. As of press time, the price of spot gold is $1,876.56 per ounce.
Costco executives said that regardless of the price of the gold bar, it is selling well. Galanti also said that gold bars are in high demand and stocks are running low. "I've had a few calls from people who have seen online that we're selling 1-ounce bars."
"When we add them to the site, they usually disappear within a few hours," Galanti says, so "we limit each member to two." It is understood that the United States Costco has two levels of membership, one is $120 a year, the other is $60.
Media analysis said that since each customer can only buy two, the help of establishing safe haven assets in this way is not much. But Jonathan Rose, co-founder of Genesis Gold Group, said at least it was an effective marketing effort that could help Costco attract a certain number of new members.
Rose noted that Costco has also stepped up the supply of some emergency products at a time when concerns about the future are mounting, and gold fits with the concept of this commodity, which they have obviously done market research in a very smart way.
"You can see that Costco's name is in the news and it gets some good publicity," Rose said. "That's the appeal of gold as a safe haven as people lose confidence in the dollar." Precious metals prices have been on the rise over the past few years, with gold up more than 15% last year and more than 55% over the past five years.
With US inflation still high, banks under regulatory pressure and problems looming in the commercial real estate market, gold and silver should be strong havens, Mr Rose said: "We know what's likely to happen: bank failures, commercial defaults and the Fed having trouble controlling inflation, which is why they keep raising rates."
"The prospects for market stability are not good and people want a (tangible) asset as a safe haven." That's what gold and silver can offer them."
Gold bullion hoarding became a hot topic last week when investigators seized gold bars worth an estimated $100,000 to $250,000 from the home of Senator Bob Menendez, a New Jersey Democrat, in a corruption scandal.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Is the US technology stock currently "escaping its peak"? Zuckerberg was selling stocks almost every day in November, and these executives were also cashing out
- Li Bin, amplify the move! Live Challenge "1000 Kilometer Range"! I also had a phone call with He Xiaopeng and said, "I strongly recommend that you have another one."
- Academician Huang! Nvidia Huang Renxun elected as a member of the American Academy of Engineering: GPU drives the AI revolution
- Tesla will lay off over 14000 employees Musk: a difficult decision! An executive who has served for 18 years will also resign
- Even if the Federal Reserve doesn't cut interest rates, US stocks will rise! Wall Street provides reasons
- Biden's sudden big news! The Democratic Party also has the latest news coming out!
- Negative attack! US solar giants suddenly collapse! The US photovoltaic industry is experiencing a wave of bankruptcies
- Global highlights next week: Gathering US August non farm payroll report, can technology stocks regain market favor?
- Global highlights next week: Trump battles Harris, who will dominate the future of the United States?
- 14.7 billion US dollars! How much money is burned in the US election?
-
【科技记者古尔曼:苹果计划于12月第一周发布iOS 18.2系统更新 带来更多人工智能功能】科技记者古尔曼透露,苹果计划于12月第一周发布iOS 18.2系统更新。iOS 18.2将为iPhone 15 Pro机型和所有iPhone 16机型带来更多 ...
- cristianna
- 昨天 17:32
- 支持
- 反对
- 回复
- 收藏
-
近日,爱立信中国区总裁方迎在接受《经济参考报》记者采访时表示,5G技术在全球范围内得到了迅速发展,但面临商业潜力未能充分挖掘、网络运营难度较以往更高两大挑战。因此,运营商在继续5G网络部署的同时,应关 ...
- blueskybb
- 昨天 15:05
- 支持
- 反对
- 回复
- 收藏
-
【特斯拉首次聘请了一位品牌大使】特斯拉近日公布了首位品牌大使韩国奥运射击选手金艺智,这一举动有些出人意料,毕竟它曾经对广告的态度十分不屑。 ...
- xyyg
- 昨天 13:34
- 支持
- 反对
- 回复
- 收藏
-
“新四化”的时代浪潮下,新能源汽车行业百家争鸣。伴随着自主品牌不断崛起,合资品牌当下的生存状况备受外界关注,如何打好电动化时代的突围战,成为合资品牌的新课题。 作为国内合资车企的代表之一,上汽 ...
- mbgg2797
- 1 小时前
- 支持
- 反对
- 回复
- 收藏