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Move over, gold rush! Costco selling popular platinum bars
More Americans are adding an unexpected item to their grocery lists: precious metals. Costco shoppers aren't just buying rotisserie chicken and toilet paper in bulk, but also platinum bars. Members of the popular retailer can now pick up 1-ounce platinum bars for $1,089.99, a slight markup from its market value of approximately $1,000. The value of platinum is up 15% from 2023. Kelly Bania, a senior research analyst for Capital Markets told ABC News Costco's offering is not surprising. "I think it's just very emblematic of Costco's strategy to offer some of the best margins on the product," Bania said. The demand for ... (full story)