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Costco's one-ounce gold bars are selling rapidly, reflecting high demand for gold investments. The worth of 1 ounce of gold varies daily based on the spot price, a real-time quote for the current price of gold. The premium on 1 oz of gold refers to the markup above the spot price. Gold's fair value estimates vary, but $800 per ounce is considered low. Stay tuned for updates on gold market trends.

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