As economic uncertainty continues, more Americans are turning to gold for financial stability. In 2024, rising global interest in gold pushed prices to new highs, and the upward trend continues into 2025. Amid disappointing economic reports and a significant stock market drop, the price of gold has surged by over $250 per ounce since the start of the year (as of February 27, 2025).
For those looking to purchase gold, Costco offers an accessible option for buying gold bars and coins. But how does it compare to other retailers?
What Gold Does Costco Sell?
Costco offers gold bars and coins in various designs, available for purchase in-store, online, or via the app. As of February 2025, the retailer’s selection includes:
- 1 oz. PAMP Suisse Lady Fortuna Veriscan Gold Bar
- 1 oz. Rand Refinery Gold Bar (online only)
- 2025 1 oz. American Buffalo Gold Coin
- 1 oz. PAMP/Newmont Lady of Liberty Gold Bar (online only)
- 100-gram Rand Refinery Gold Bar
All gold products are sourced from reputable mints and dealers. Availability may vary, as Costco’s offerings change over time.
How Much Does Costco Gold Cost?
Costco adds a modest markup of approximately 2% to the spot price of gold, which is on the lower end compared to many gold dealers. For instance, if the spot price of gold is around $2,850 per ounce (as of February 27, 2025), a 1-ounce gold bar at Costco will cost about $2,900. The American Buffalo Coin is priced slightly higher at $3,030. Costco also offers a 100-gram gold bar for about $9,450, with a daily purchase limit of two units per member.
Pros of Buying Gold at Costco
Reputation: Costco is known for its quality products and services, backed by a high level of customer trust, with a 2023 Axios Harris poll ranking it the second most trusted company in the U.S.
Competitive Prices: With only a 2% markup, Costco offers gold at more affordable prices compared to many dealers.
Free Shipping: Costco offers free shipping for its members, which can save on additional fees that many other dealers charge.
Physical Ownership: Costco gives buyers the opportunity to own physical gold, unlike many digital claims offered by online platforms.
Cons of Buying Gold at Costco
Limited Selection: While Costco offers quality gold products, its selection is smaller than specialized precious metals dealers. You won’t find a wide variety of coins or weights.
Final Sale: Costco’s gold sales are final, meaning returns and refunds are not allowed, unlike many online dealers that offer return policies.
Other Precious Metals at Costco
In addition to gold, Costco offers a limited selection of silver and platinum products online. These include the 2024 one-ounce PAMP American Buffalo Silver Round in sets of 20, and a one-ounce PAMP Suisse Lady Fortuna Veriscan Platinum Bar, which is 99.95% pure platinum.
The Bottom Line
Costco presents a convenient and trusted option for purchasing gold and other precious metals. While prices may fluctuate, experts suggest that with gold projections rising for 2025, now may be a good time to invest before prices increase further. However, it’s essential to consider Costco’s limited selection and final-sale policy before making a purchase.
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