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Costco’s GOLD BAR FRENZY: Shocking Restrictions Just Dropped!
In a jaw-dropping twist, Costco is tightening the reigns on its gold bar sales! That’s right — the wholesale giant has gone from gold rush to gold bust and it’s all due to ravenous customer demand!
Once upon a time, savvy Costco members could snatch up TWO shiny 1-ounce gold bars per transaction. But now, the gold curtain has fallen! Shoppers can still buy two bars, but can ONLY make one purchase every 24 hours. Yes, you heard that right—ONE transaction per day! It’s like fighting for the last slice of pizza at a party!
Check these eye-popping details from the Costco website: members can still buy a maximum of two 1-ounce gold bars, but the clock is ticking! That’s one purchase every day, or you’re out of luck! The same story goes for gold coins and silver bars—maxing out at just two coins or ten 10-ounce silver bars per day.
GOLD RUSH MADNESS: Are You Missing Out?
Costco’s surge in precious metal popularity sparked an electric online gold rush when they introduced 24-karat gold bars in 2023. Inventory flies off the shelves faster than you can say “Cha-ching!” In fact, gold sales have skyrocketed, generating a staggering $100-$200 million per month according to financial wizards at Wells Fargo!
But wait — what’s driving this crazy demand? In April, gold prices hit record highs, fueled by economic chaos and inflation fears, sending everyone scrambling for tangible assets. Since 2024 began, gold prices have shot up over 60%! Imagine a 1-ounce Rand Refinery bar that once sold for just under $2,000 now costing you around $3,250! Talk about a gold rush!
REACTIONS ROLL IN: Members Split on New Rules!
While Costco hasn’t issued a formal statement on these shocking restrictions, the response from members has been a mix of cheers and jeers. One Reddit user chimed in with approval, saying, “Good, they should limit it to one!” But others aren’t so thrilled. One disgruntled member grumbled, “If it’s just one bar, I’ll find better deals elsewhere!”
Hold on tight, Costco shoppers — the battle for gold is heating up, and you won’t want to miss what happens next! Will the quest for gold leave you in a frenzy, or will it fizzle out? Keep your eyes peeled for updates, because this glittering saga is just getting started!
photo credit: money.com
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