Costco shoppers are purchasing the store’s 1-ounce gold bars at a high rate despite the precious metal’s record-high prices in recent months, according to a recent survey.
Around 77 percent of Costco outlets that sell bullion bars were sold out in the first week of October, a Bloomberg survey found. The news outlet and financial services company said it surveyed 101 stores in 46 states that sell gold and recently restocked the precious metal.