Frequent shoppers are both excited and concerned about the nation’s largest warehouse retailer’s announcement of new restrictions on one of its hottest commodities in recent years.
Due to the increased demand for 24-karat gold bars, Costco members are now subject to stricter purchasing guidelines.
In June 2023, Costco started selling gold bars, which quickly caught the interest of investors and collectors. The company recently reduced the original limit of two bars per transaction to one bar, with a maximum of two bars permitted per 24 hours.
The fact that some members remember a period when up to five bars could be purchased simultaneously in specific areas shows how important this restriction is.
How frequent Costco shoppers searching for investment opportunities may be affected by the new purchase limit
Many customers question whether the updated rule is a significant obstacle or merely a small annoyance. After all, purchasing a single gold bar might not seem like a significant departure from the two-bar limit that was previously in place.
Longtime members, however, claim that the change has a discernible impact. It indicates that Costco is taking proactive steps to give more people the opportunity to purchase these bars before they run out.
If you want to purchase gold bars from Costco, keep these price swings in mind
One-ounce gold bars made in South Africa can now sell for up to $3,279.99 each, which is a significant increase from the $2,000 price tag when Costco first carried them in 2023.
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The 70% increase in gold prices during that time, which reached record highs in April, is the reason given by experts for this increase. Costco’s gold bars are rapidly disappearing from the shelves, which makes sense.
This is a quick table that summarizes reported monthly sales and significant policy changes:
| Time Period | Purchase Limit per Transaction | Approximate Monthly Revenue |
| June–Sept 2023 | 2 bars | $100–$200 million (estimated) |
| Oct 2023–Present | 1 bar | Expected to remain strong, per data |
According to surveys, in October 2024, roughly 77% of Costco stores in 46 states ran out of gold bars in less than a week. Bars are frequently removed from the website within hours of being listed due to the continued high demand.
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How to proceed if you wish to buy these limited-edition gold bars at your neighborhood Costco?
You may wonder, “Am I ready to pay the current premium?” before you go to the warehouse. Be sure to check the Costco website for current purchase limits and availability.
Because the retailer’s policies can change quickly depending on supply and demand, think about setting up alerts for restocks and making advance plans.
In summary, an overwhelming surge in interest has prompted Costco to tighten restrictions on gold bars. These bars are selling out faster than ever, and prices are still rising.
If you want to invest, it’s a good idea to keep up with the most recent store updates and take prompt action when restocks happen.
