Americans Are Massively Buying Gold Bars at Costco
Gold fever is no longer limited to China and India, as Americans are buying the precious metal at the supermarket Costco. The accumulation spree was so massive that stocks of gold bars at Costco shelves remain sold out at the moment. Retail investors and regular shoppers are adding the precious metal to their carts as they see it as a safe investment. Also Read: The ‘Everything Crash’: Analyst Predicts Bitcoin To Collapse to $5,000 A recent report from Bloomberg shows that 77% of Costco stores offering gold bars sold out in early October. 46 US States sold out the bars this month and went off the shelves within a week of their placement. Easy Access To Buy Gold Bars At Costco Makes Americans Invest in the Precious Metal Source: Travel + Leisure The accumulation spree comes after China and India purchased thousands of tons of gold in two years. Americans are not holding back and are grabbing the gold bars, as Costco made them available at its stores. Also Read: North American Countries ...