Costco reportedly selling new precious metal: platinum

Core Insights - Costco has introduced a new product, a 1-ounce PAMP Suisse Lady Fortuna Veriscan platinum bar, available for purchase on its website [1][3] - The platinum bars are priced at $1,089.99 each, with a purchase limit of five units per transaction for members [3] - Customers are unable to return the platinum bars once purchased, and delivery is not available in Nevada and Louisiana [3] Sales Performance - Costco's gold and silver sales have reportedly increased significantly, as noted by Wells Fargo [3] - Previous gold bar listings on Costco's website sold out quickly, often within hours of being made available [4] - The sales of gold and silver bullion have contributed positively to Costco's online sales growth in recent quarters [4] Membership and E-commerce - As of the end of the fourth quarter, Costco had 136.8 million cardholders across 891 locations globally [4] - The company emphasizes that its e-commerce platform offers a broader selection of products compared to its in-store offerings, which typically include around 4,000 items [4]