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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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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
