/biz/ - Business & Finance

https://www.cbc.ca/news/business/gold-rush-costco-trend-1.7065821
The gold rush is back — and now at a big-box store near you
Amid global instability, gold prices are soaring and some retailers are cashing in

Dec 30, 2023

Warehouse stores in Canada aren't just selling large quantities of toilet paper these days — gold bars and coins and other precious metals are moving out of the realm of banking and jewellers and into their aisles.

With gold hitting record-high prices in recent weeks, the metal's popularity has been reflected at retailers, too.

According to Costco's chief financial officer, Richard Galanti, the company "sold over $100 million [US] of gold" during a recent 12-week period. Walmart has also started selling gold, silver and platinum bars online to U.S. consumers.

The rest of the article is pretty much Canadian government propaganda spin that its going up because browns are buying it for "cultural reasons".

>>28633444
Ok boomer

>>25178399
Its really being a neo-boomer, actual boomers cant get over their shiny rocks. I swear Im going to bury my father with his gold.