Gold and Silver Bullion now Available at Costco (UK)

blitzdude · October 5, 2020 5:05PM

https://www.dailymail.co.uk/news/article-8802641/Bulk-buy-retailer-Costco-starts-selling-GOLD-worth-24-500-supermarkets.html

Bringing bulk PM's to the masses. At those premiums, no thanks.

derryb · October 5, 2020 7:22PM

For premium perspective Costco UK puts a six percent mark up on a 50g bar and APMEX puts a 4.4% markup on 10 oz generic bar.

MilesWaits · October 5, 2020 7:44PM

It will still be a better investment than their high-end jewelry section but not comparable to their TP.

ricko · October 6, 2020 6:37AM

I have been a Costco shopper/member since they began....and their prices are great. That being said, I will not be a gold/silver buyer there. A couple of reasons... one, the markup. Two, I have stacks acquired and prices that are less than their premiums Cheers, RickO

fretboard · October 9, 2020 1:43PM

That's amazing as I go to Costco at least once a month. That said, I'm not an idiot and I'm not paying a crazy marked up premiums! Shame on Costco UK, wtf?

derryb · October 9, 2020 3:25PM

maybe the extra premium is for "cash and carry."

Gold and Silver Bullion now Available at Costco (UK)

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