Reported about 1 month ago
The demand for gold bars at Costco, which has seen sales soar to around $200 million a month, highlights a broader economic message about consumer trust and the quest for stable investments. With inflation and a declining dollar influencing spending habits, gold has emerged as a surrogate for real money. Economists suggest this trend reflects deep-seated consumer anxieties and a yearning for dependable currency amidst financial uncertainty.
Source: YAHOO