--- title: Costco's Gold Bars Remain a Hot Commodity description: Nearly a year after beginning to offer gold bars, demand for the precious metal products at Costco remains strong. authors: - name: Brenden Rearick role: Reporter url: https://money.com/author/brenden-rearick/ bio: Brenden Rearick is a former news reporter at Money with nearly four years of experience covering investing and other personal finance topics. education: University of Pittsburgh, BA at_money_since: 2023 articles: 133 covers: - Investing - Banking - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Housing - Insurance - Lifestyle - Loans - Mortgages - Personal Finance - Professional Services - Retirement - Shopping - Taxes - Technology former_staff: true editors: - name: Jordan Chussler role: Editor, Investing and Banking url: https://money.com/author/jordan-chussler/ bio: Jordan is an investment editor and CPFC who specializes in traditional equities, gold and other precious metals, retirement savings and income investing. He combines his personal and professional interests in finance and education to help readers increase their financial literacy and make better investment choices. education: Lynn University certifications: Certified Personal Finance Counselor at_money_since: 2023 articles: 132 covers: - Investing - Banking - Credit - Credit Cards - Economy and Politics - Housing - Identity Theft - Insurance - Loans - Mortgages - Personal Finance - Professional Services - Retirement also_seen_in: - Weiss Ratings - 24/7 Wall Street - Better Investing - Yahoo Finance - Nasdaq - Investing.com - Marketbeat - MSN Money social: - https://www.linkedin.com/in/jordan-chussler-b3597811/ updaters: - name: Gabriel O. Rodriguez Cruz role: Associate Editor url: https://money.com/author/gabriel-rodriguez/ bio: Gabriel Rodríguez is an editor at Money who has been writing and editing crypto content for over five years. His goal is to make crypto less cryptic, helping newcomers avoid common pitfalls and scams present in the industry. education: University of Puerto Rico Rio Piedras at_money_since: 2018 articles: 101 covers: - Investing - Banking - Business - Career Advice - Credit - Economy and Politics - Housing - Identity Theft - Insurance - Lifestyle - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes - Technology social: - https://www.linkedin.com/in/gabriel-rodriguez-cruz/ published: '2026-02-24T21:48:32.000Z' modified: '2026-03-03T18:30:39.000Z' section: Investing tags: - News word_count: 930 canonical: https://money.com/costco-is-selling-out-of-gold-bars/ type: NewsArticle source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Outside of Costco store](https://img.money.com/2024/04/News-Costco-Gold.jpg) Sponsored by: ![](https://s3.consumersadvocate.org/prd/image/image/37788/a0697fa6-84b0-402e-b906-b89e98d58c1e.webp) Thinking about investing in gold or silver? Thor Metals Group is the solid choice for learning how to preserve your wealth with precious metals. [Go to ThorMetalsGroup.com](https://money.com/pr/f735576f0841?ap_referrer=%2Fcostco-is-selling-out-of-gold-bars%2F) The Costco shopping experience is now a global phenomenon, with consumers now able to enjoy the wholesale chain's bulk-shopping discounts and $1.50 hot dogs across the U.S. and in places like Taiwan, Japan and Australia. The company continues to shake up that experience, too. Not only does it manufacture many of its own goods under the Kirkland Signature brand, but four years ago, it began selling gold bars. Demand among members has remained strong since, especially as the precious metal surged in value in 2025 before hitting its all-time high in January 2026. In fact, Costco’s foray into [precious metals](https://money.com/investing-in-precious-metals/) has generated impressive results. The company is allegedly pulling in six figures in sales each month since its decision to begin selling gold, demonstrating that members have taken to buying [gold bars](https://money.com/how-to-buy-gold-bars/) alongside rotisserie chickens and bulk toilet paper. In its 2025 first-quarter [report](https://s201.q4cdn.com/287523651/files/doc_presentations/2024/Dec/12/Q1-FY-25-Earnings-Supplement.pdf), Costco listed gold among its top sales categories. But for investors looking to gain exposure to the yellow metal, is this the best way to do so? ## Costco shoppers home in on gold buying During the summer of 2023, Costco made the move to start selling one-ounce gold bars at its wholesale locations. The rollout has been so successful that in 2024, the company added [silver coins](https://money.com/how-to-invest-in-silver/) and [platinum bars](https://money.com/how-to-invest-in-platinum/) to its offerings. But so far, its gold bars have been the clear winner. In a note to clients, Wells Fargo analysts said they expect revenue from Costco's gold sales to fall between $100 million and $200 million monthly. The Swiss-made gold bars have repeatedly been selling out since they were first offered. This doesn't mean the venture is profitable for Costco. The store receives a low premium on gold purchases, and it offers cash back to certain buyers who use credit cards, meaning gold sales are not contributing to any significant uptick in profits. As for investors, now is a good time to own gold, which price of the precious metal reached its all-time high of $2,781 per ounce last October. The [main drivers](https://money.com/what-drives-the-price-of-gold/) for the precious metal’s current bull run are twofold. First, the surge in [gold](https://money.com/how-to-buy-gold/) prices can be partially attributed to the Federal Reserve's interest rate policy. Gold historically has an inverse relationship with interest rates, and with the Fed cutting rates throughout the second half of last year, investors saw the precious metal's price surge. The second factor that has been propelling gold prices is a combination of weak consumer confidence and lingering inflation. With inflation still above the Federal Reserve’s 2 % target, purchasing power continues to decline (albeit moderately), which drives investors to seek out safe-haven assets. Gold is the frontrunner in that asset class as a liquid store of value. ## Is buying gold from Costco a good idea? Consumers can now hop in their cars and drive to the nearest Costco location to purchase gold. But is that a good idea? It's convenient for those interested in [investing in gold](https://money.com/how-to-invest-in-gold/) long term. But if investors choose to buy the precious metal at the discount warehouse, there are pros and cons they should be aware of. Some incentives Costco offers may up the ante, but you’d be lacking the peace of mind afforded by buying gold in a brokerage account and holding it in a portfolio. First, Costco gold buyers will have to pay a mark-up on their bars. Known as the spread, the stores charge 2% above the current market rate. This isn’t abnormal: [Online gold dealers](https://money.com/best-online-gold-dealers/) also charge a spread for their non-wholesale transactions. Costco’s premium falls within the industry range, making it no worse a deal. In fact, with the bonuses Costco offers on precious metal purchases, some buyers may effectively eliminate the premium. Purchase bars with a Citigroup credit card and you’ll be eligible for 2% cash back. Executive members at Costco can receive an *additional* 2% cash back. On the other hand, Costco does not afford its members any opportunities to purchase gold in bulk. When it has the metal in stock, buyers are limited to five bars per transaction. So, if investors are looking to stockpile any significant quantity of the metal, they’ll need to go through a precious metals dealer. Buying gold at Costco also means experiencing the same pitfalls as those who purchase it from online dealers. These drawbacks are avoided for investors who purchase gold on paper, though. Once gold is purchased at Costco, the consumer is responsible for its safekeeping. It’s a scenario not unlike stuffing cash in a mattress, and it carries risk. To avoid that, the gold can be [insured](https://money.com/how-to-insure-physical-gold/) and stored in a vault, but these are additional expenses to consider. Paper gold investments — like owning shares of a gold ETF — are also more liquid than physical gold, meaning they're easier to buy and sell since they're listed on exchanges. Some gold ETFs even pay dividends, meaning they can play a role in a strategy aimed at generating passive income while also benefiting from the price strength of the underlying commodity. All that said, buying gold from Costco isn’t any worse than buying it from a dealer if you don’t mind the purchase limit. It could be better in some instances, since you don’t need to worry about potential scams and salesmanship, and you can earn as much as 4% cash back. However, there are still options to invest in gold that offer greater safety, higher liquidity and less hassle than holding onto the bars yourself. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/costco-is-selling-out-of-gold-bars/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Investing", "item": "https://money.com/investing/" }, { "@type": "ListItem", "position": 3, "name": "Gold", "item": "https://money.com/gold/" }, { "@type": "ListItem", "position": 4, "name": "Costco's Gold Bars Remain a Hot Commodity" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/costco-is-selling-out-of-gold-bars/#webpage", "url": "https://money.com/costco-is-selling-out-of-gold-bars/", "name": "Costco's Gold Bars Remain a Hot Commodity", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2026-02-24T21:48:32.000Z", "mainEntity": { "@id": "https://money.com/costco-is-selling-out-of-gold-bars/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/costco-is-selling-out-of-gold-bars/#breadcrumb" }, "dateModified": "2026-03-03T18:30:39.000Z" }, { "@type": "NewsArticle", "headline": "Costco's Gold Bars Remain a Hot Commodity", "articleSection": "Investing", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2024/04/News-Costco-Gold.jpg", "width": 2880, "height": 1920, "caption": "News-Costco-Gold" } ], "author": [ { "@type": "Person", "name": "Brenden Rearick", "url": "https://money.com/author/brenden-rearick/", "@id": "https://money.com/author/brenden-rearick/#author", "description": "Brenden Rearick is a former news reporter at Money with nearly four years of experience covering investing and other personal finance topics.\r\n\r\n", "email": "brenden.rearick@money.com", "alumniOf": "University of Pittsburgh, BA" } ], "publisher": "https://money.com/#organization", "datePublished": "2026-02-24T21:48:32.000Z", "description": "Nearly a year after beginning to offer gold bars, demand for the precious metal products at Costco remains strong.", "abstract": "Nearly a year after beginning to offer gold bars, demand for the precious metal products at Costco remains strong.", "@id": "https://money.com/costco-is-selling-out-of-gold-bars/", "inLanguage": "en-US", "dateModified": "2026-03-03T18:30:39.000Z", "editor": [ { "@type": "Person", "name": "Jordan Chussler", "url": "https://money.com/author/jordan-chussler/", "@id": "https://money.com/author/jordan-chussler/#author", "description": "Jordan is an investment editor and CPFC who specializes in traditional equities, gold and other precious metals, retirement savings and income investing. 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