Workflow
What's Up With Gold? Here's Why Everyone From Costco To Central Banks Is Rushing In.
COSTCostco(COST) Forbes·2024-04-10 20:20

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 ...