Due to current world instability,gold prices are climbing and some retailers are taking advantage of this.With gold prices spiking in recent past, the metal’s popularity has been seen at retailers stores, too.
Retailers stores in Canada are not just selling mega quantity of toilet paper coins, metals and gold bars are selling on these common shopping grocery stores.
Walmart also started selling gold, silver and platinum bars online to U.S. customers. Costco “sold over $100 million US of gold in recent 12 weeks”. Richard Gallantic the company Chief Financial officer told media.Costco Canada has the 24 Karat PAMP Suisse Lady Fortuna Veriscan bars listed for $2,689.99 however they are only available to Costco members and there is a limit on how many can be bought each member can only buy two at once every seven days.
Gold bars are so popular in consumer they will be sold out in a short period after listed online according to Costco officials.
There are lot of factor to invest in gold currency is that it is not volatile as new cryptocurrencies and the fluctuation value of the US dollar. Gold investor buy gold due to fear because they do not trust other currencies