Purchase limits have tightened on Costco gold bars as popularity booms

Gold has become such a hot commodity that Costco is apparently limiting how much its members can buy. The warehouse retailer began selling 24-karat gold bars to its members in 2023, with a limit of two bars per person. Now that limit has changed to one per transaction and a maximum of two bars per 24 hours, when you look on the retailer website, as previously reported by Business Insider. The price for a 1-ounce South African-made gold bar is $3,279.99, much higher than the $2,000 they were going for 19 months ago, shortly after Costco began selling them. However,...