Costco Expands Precious Metals Offerings with Silver Coins
Following the success of its gold bars, Costco introduces silver coins to its online store, amid rising demand for precious metals.
- Costco has launched sales of 25-count tubes of Canada Maple Leaf Silver Coins at $675 each, following the success of its gold bar sales.
- The silver coins, bearing the likeness of King Charles III, are sold exclusively online, with a purchase limit of five per Costco member.
- Despite high demand, some customers have reported issues with shipping and handling, leading to scratched coins upon delivery.
- The move into precious metals has significantly boosted Costco's e-commerce growth, with silver and gold sales leading the way.
- Experts attribute the rising value of precious metals to anticipated Federal Reserve interest rate cuts, making them attractive investments.