Reported 4 days ago
Costco has introduced 1-ounce platinum bars and Canadian Maple Leaf platinum coins to its product lineup, priced at $1,089.99 each. The addition follows the retailer's successful sales of gold and silver, significantly boosting its e-commerce operations. However, the platinum items are limited in availability and cannot be returned. While these precious metal sales generate significant revenue, the profit margins are reportedly low, serving primarily to enhance Costco's brand value.
Source: YAHOO