What's Up With Gold? Here's Why Everyone From Costco To Central Banks Is Rushing In.
ToplineNormally as mundane an investment as it gets, gold has captivated the attention of the market lately for its seemingly logic-defying, record rally in recent months, and now heads are turning toward a new, unlikely player in the gold market: Wholesale retailer Costco.All that glitters is gold.© 2016 Bloomberg Finance LP Key FactsAfter topping $2,300 per troy ounce for the first time ever this month, gold prices are up a whopping 25% over the last month, a rally for the precious metal curiously overlap ...