Gold (GC=F) prices hovering around record highs isn’t stopping Costco (COST) shoppers from buying gold bars. According to a Bloomberg study, around 77% of surveyed Costco outlets have reported that bullion bars were sold out in the first week of October.
Catalysts Hosts Seana Smith and Madison Mills report more on the story and what it signals about consumer behavior.
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This post was written by Melanie Riehl
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