Does Costco sell 24 karat gold?

“Yes, but when we load them on the site, they’re typically gone within a few hours and we limit two per member.” Costco’s website shows that members can purchase one-ounce bars of 24-karat gold from Rand Refinery for $1,949.99 or a one-ounce bar from PAMP Suisse for $1,979.99. Both items have a 4.9-star rating and can’t be refunded or returned.

Are Costco gold bars refundable?

And now, they’ve entered the commodity market with a new inventory item: gold bars. Costco is now selling 1-ounce, 24-karat gold minted bars. According to Costco’s website, the non-refundable bars are Swiss-made, carbon neutral, and each bar is individually controlled, registered and secured within protective CertiPAMP packaging.

How much gold can you buy at Costco?

Costco limits the amount of gold that members can purchase to just 5 ounces per customer. For those looking to make a short term investment, with plans to sell, there is the possibility of a short term capital gains tax between 10% and 30%. Costco members have struck gold at the big box retailer, which sells 24-karat 1-ounce gold bars.