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Americans who bought a gold bar from Costco last year are now $400 in profit - as it emerges retailer sells up to $200 million of the bars EVERY MONTHCostco now nets between $100 million and $200 million through the sale of gold Since some members get 2 percent cash back, that may not translate into profits The 1-ounce gold bars were around $ ...
During the summer of 2023, Costco made the move to start selling one-ounce gold bars at its wholesale locations ... to any significant uptick in profits. As for investors, now is a good time ...
which means you must pay a capital gains tax if you sell your Costco gold bars for a profit. The sale is taxed at the same rate as your ordinary income, with a maximum of 28% for capital gains.
Costco Wholesale Corporation COST just hit a ... Let’s dive into the key factors driving this rally and whether it’s time to take profits. The stock reached a new 52-week peak of $1,009. ...
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