Costco’s $200M Gold Rush: From Bulk Toilet Paper to Bullion Bars
Costco, renowned purveyor of bulk toilet paper and kale, is flexing serious e-commerce gold muscles by selling over $200 million a month in gold and silver bullion—yes, literal bars and coins that vanish 'within hours' according to ex-CFO Richard Galanti. At a record-smashing $3,600 an ounce (that’s way pricier than the Costco rotisserie chicken), these precious metals might have you wondering if you accidentally wandered into a hedge fund networking event instead of the wholesale snack aisle. The company’s razor-thin markup magically turbocharges their digital sales up 14.8% in Q3 2025, all while charging a modest $65 membership fee to enable your sudden gold obsession. Pure e-commerce alchemy! Gold sales launch September 25 full-year earnings into even higher orbit— sparkle capitalism anyone?
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Source: Businessinsider | Published: 9/4/2025 | Author: Dominick Reuter