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Costco Expands Precious Metals Lineup with Platinum Bars

The retailer, known for its gold and silver sales, now offers 1-ounce platinum bars online for $1,089.99.

  • Costco's platinum bars are Swiss-made and described as 999.5 pure, with a price slightly above the current market value of platinum.
  • The bars are available exclusively online, with a purchase limit of one per membership and a maximum of five per transaction.
  • Delivery is restricted in certain areas, including Nevada, Louisiana, and Puerto Rico, and the bars are non-returnable.
  • Costco's precious metals venture has been lucrative, with gold bar sales reportedly reaching up to $200 million monthly.
  • The addition of platinum comes amid rising interest in precious metals, though platinum's price increase has lagged behind gold's recent surge.
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