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Everything about buying gold at Costco

ByVictoria

Costco offers members an opportunity to purchase one-ounce gold bars in the store, online or via their app. The retailer offers gold bullion bars, 1-ounce bars and coins in different designs. As of February 2025, Costco offers the following gold products:

  • 1 oz. gold bar PAMP Suisse Lady Fortuna Veriscan
  • 1 oz. gold bar Rand Refinery (online only)
  • 2025 1 oz. American Buffalo gold coin
  • 1 oz. gold bar PAMP / Newmont Lady of Liberty (online only)
  • 100-gram gold bar Rand Refinery

Costco’s selection comes from authorized dealers and reputable mints. However, as Costco members are accustomed to, offerings and availability may change.

Costco marks up its cost for gold by roughly 2%. Markup is common practice among gold dealers and retailers, and 2% is on the low end of industry standards.

Source – CBS News

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  • Gold and Silver may be adopted as Legal Tender in Florida

    ByVictoria
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    This is revolving a bit around politics but hey we need to stay with the times when we look at our investments and retirement interests. Our investments DO revolve around what the world is going through and we need to base our decisions on real life real world problems. This is an important part of investing and paying attention to trends if you are so inclined to invest or use or investments in the direction you feel it needs to go.

    Let’s stay in tune with what’s going on and learn about today’s topic.

    Well, this news happened a couple days ago but it’s still relevant today as things change before we know it!

    News!

    Currently in Florida, there is an open House seat in District 1. Trump backed candidate Jimmy Patronis wants the Sunshine State to adopt gold and silver as legal tender and has called for a study on the issue.

    “Gold and silver have been trusted assets for thousands of years, and it makes perfect sense to use them as legal tender. I’m launching this study to determine the best way to get it done,” Patronis said in a statement included in a press release earlier this week.

    For the full article and source https://www.msn.com/en-us/news/politics/trump-backed-candidate-aiming-to-replace-matt-gaetz-wants-florida-to-adopt-gold-and-silver-as-legal-tender/ar-AA1vR6dn?ocid=socialshare

    Additional Info

    Currently there are 11 states that use gold and silver coins as legal tender Utah being the first state to do so in 2011. This is a great shift we may see as states are either moving towards it or in talks of doing this. The positive for those who live in these states is the capital gains taxes would be eliminated on sales of gold and silver.

    For more info and map see source https://worldpopulationreview.com/state-rankings/gold-and-silver-legal-tender-states

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    Comex gold inventories see sharp rise since Trump’s victory; silver gains

    ByVictoria
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    “The uncertainty surrounding Trump’s first measures as U.S. president fuelled demand for gold as a safe haven. This can be seen, among other things, in the strong inflow of more than 10 tons into the world’s largest and most liquid gold ETF on Friday,” Commerzbank Research said.

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    ByVictoria
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    ByVictoria
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