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Costco is expanding its precious metals offerings by introducing Swiss-made platinum bars to its lineup. The 1-ounce platinum bars are priced at $1,089.99 and are available for purchase on the company’s website. These bars join Costco’s existing selection of gold bars and silver coins, which have been popular among buyers. Costco requires interested customers to have a membership, which ranges from $65 to $130 annually. The demand for precious metals has been on the rise, with Costco experiencing success with its gold bars that quickly sell out upon restocking. While the price of gold has surged in recent years, the value of platinum has seen fluctuations. Despite a 15% increase in the past year, platinum prices have dropped by over 8% after reaching a peak in 2024.

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