⛏️ Costco sold $100 million in gold bars last quarter

Costco sold $100 million in gold bars last quarter
The company sold $100 million worth of one-ounce gold bars in its most recent quarter, CFO Richard Galanti said Thursday during an earnings call. When asked what consumer trends Costco was seeing this holiday season, he quipped, "They're buying gold." Read on »

U.S. Congressman Asks Federal Reserve Whether Nations Are Repatriating Gold from New York
The Fed recently refused to respond to inquiries from the Gold Anti-Trust Action Committee about whether any foreign gold had been repatriated this year. Read on »

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