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The Independent UK

National

Katie Hawkinson

Everyone’s buying gold bars from... Costco: Sale of precious metals drives up company’s e-commerce arm

Costco Gary Millerchip Gold United States e-commerce Jim Sinegal Craig Jelinek

AFP via Getty Images

Costco customers have been flocking to buy gold and silver from the big box company, helping to boost their e-commerce sales this past quarter.

“Total e-commerce sales growth in the quarter was led by gold and silver bullions, gift cards and appliances,” Chief Financial Officer Gary Millerchip told investors Thursday, per NBC News.

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