Reported 4 days ago
Costco has begun selling one-ounce platinum bars for $1,089.99, slightly above the current market value of around $1,000 per ounce. While the company previously experienced significant success with gold bar sales, financial experts express mixed opinions about investing in platinum. Some highlight its industrial value and rarity compared to gold, while others caution against investment in physical metals due to liquidity concerns and potential shifts toward electric vehicles. Overall, many suggest considering exchange-traded funds (ETFs) over physical purchases.
Source: YAHOO