If anyone still didn’t know, Walmart and Costco do indeed sell gold and silver, and according to experts, customers can save up to $1,452. The competitive pricing at both supermarkets has become a trend that has continued in recent months, and experts believe that the value of precious metals will remain high until 2026.
At Costco, you can purchase solid gold bars at varying prices, depending on size and brand
The consensus is that Walmart and Costco are the retailers offering affordable gold and silver this season. At Costco, you can purchase solid gold bars at varying prices, depending on size and brand, while jewelry chains continue to raise prices to cover manufacturing costs. “Both gold and silver are headed for their best annual performance since 1979, with gold up more than 60% and silver more than doubling,” analyst Soojin Kim of Mitsubishi UFJ Financial Group told Barron’s.
At Walmart, for instance, a 100-ounce APMEX cast silver bar can be purchased for $6,610
Prices fluctuate but remain stable. For example, since last year, the price of gold has increased by more than 50%, according to data compiled by CNBC. Specifically, a one-ounce Rand Refinery gold bar costs $4,319.99 at Costco, meaning you’ll pay $140 less than in the regular market. The price of silver is also at record highs, surpassing $60, according to Investing.com. At Walmart, for instance, a 100-ounce APMEX cast silver bar can be purchased for $6,610.
The metal’s trade is projected to increase by 100% by 2025, significantly outpacing gold
Consumers can purchase gold and silver at these stores, not only at lower prices but also with certain advantages such as cashback. At Costco, a 100-gram Rand Refinery gold bar can be purchased for $13,849.99, which can represent a savings of around $1,452, depending on the brand. The metal’s trade is projected to increase by 100% by 2025, significantly outpacing gold, a trend some experts attribute to expectations of limited supplies and its designation as a critical mineral by the U.S. government. Meanwhile, a one-ounce PAMP Suisse Lady Fortune Veriscan gold bar costs $4,466.
Costco even offers solid gold bars for its members to purchase as an investment
Costco began offering gold bars for the first time in 2023, and then added silver and platinum over the following year or so. Meanwhile, the price of gold continues to reach record highs. Costco even offers solid gold bars for its members to purchase as an investment, with prices varying by size and brand. Investors consider gold, silver, and platinum to be stores of value, meaning they maintain their purchasing power over time without depreciating, experts explain.
Chains like Costco and Walmart remain key locations where consumers can find gold and silver at more affordable prices
Regarding gold, recent economic concerns, including the impact of tariffs on the US economy, and consistent demand from central banks contribute to a generally positive medium- and long-term outlook for gold. Thus, chains like Costco and Walmart remain key locations where consumers can find gold and silver at more affordable prices. However, Costco’s precious metal prices fluctuate and are only available online to members, so it’s important to research them thoroughly before considering purchasing gold or silver at these stores.
When it comes to the gold and beach market, compare prices across different ranges
Experts explain that profit margins can vary between 1% and 30%, depending on the services offered. Therefore, shops typically have lower profit margins, around one or two percent, and offer benefits such as cashback. Thus, when it comes to the gold and beach market, comparing prices across different ranges and retailers is essential to choosing the best option.