Costco’s gold bars are very popular. There is a limit to the number of items you can purchase. Should I invest?

and gold On April 22, it tilted its recent record high price at over $3,500 per troy ounce, which peaked interest from investors (both individuals and facilities).

Costco is the main player in physical bullion games for most casual investors. Early 2024, CNBC Wells Fargo reported that Costco predicted to sell an estimated $200 million worth of gold bars and coins each month.

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And now, Costco is tightening its limit on the number of gold bars customers can buy. Please read the details, Whether you should invest.

In response to a dramatically increased demand, such as May 23rd Money report As indicated, how many people Costco has begun tightening the limit Gold Bar You can purchase it. Customers can purchase two 2 ounces of gold bars per transaction, as they could before. However, it is currently limited to one transaction per 24-hour period.

Costco has a considerable number of gold options on its website, including coins and bars. Most options are around $3,500 as of June 16th.

As Costco’s new restrictions show, there is clearly a demand for gold. However, the questions are: Is physical gold sticks, or bullion worth buying as an investment?

learn more: How to get the most value from a Costco membership in 2025

In April, Sameer Samana, head of global equity and real assets at the Wells Fargo Investment Institute, expressed some hesitation about buying into physical gold at the time (before hitting record highs). CNBC It has been reported.

“We’re probably close to gold’s biggest optimism at this point,” Samana said. “It’s very bought, you’re coming a little late to the party because you buy money right now. It doesn’t mean that it’s finished, but you’re not early.”

Samana proposed Gold and Gold Support ETF Not a physical bar or coin purchase.

However, in May Goldman Sachs Research Product Strategy Lina Thomas has provided a thorough breakout of gold’s past, present and future performance. She gestured towards the notion that traders often buy money When faced with macroeconomic uncertaintyFurthermore, the central bank had also purchased a large amount of yellow metal.

“The long-term bull story of Gold is that central banks are buying a lot, and we expect it to continue for at least three years,” Thomas said, adding that Goldman Sachs is projecting to hit $3,700 per troy ounce when 2025 is over.

“The only important factor since 2022 has been central bank purchases, but ETF investors are currently taking part in gold rallies. We hope that gold prices will rise even further, as both compete for the same bullion,” she added.

According to Brett Elliott, Apmex content director, wherever you buy your money, you need to make such an expensive purchase through a reputable dealer. Elliott was also bullish about his 2025 Gold performance outlook. CBS News.

“The most important decision you make is where you buy it,” Elliott said. “Pick a reputable dealer. If possible, they’ve been in business with good reviews for a while and I’ll buy it back from you when I’m ready to sell.”

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