Investors are still buying up Costco's supply of gold bars — and there are a few big reasons behind this trend.

Costco CFO Richard Galanti revealed during an earnings call that the bars were “typically gone within a few hours” after being listed for sale online. Investors often turn to gold as a hedge ...

Move over, gas and hot dogs. Costco shoppers are snatching up the store’s 1-ounce gold bars despite the market’s lofty price for the precious metal. A recent Bloomberg survey of Costco ...

The gold price stands close to a record high at $2,657 (£2,032) per ounce, buoyed by strong investor demand, its limited ...