Seattle Culture
Costco Limits Gold Bar Buys
Issaquah warehouse retailer began selling the bars two years ago
By Rob Smith May 20, 2025
If you’re thinking of adding gold to your financial portfolio during a time of economic uncertainty, don’t plan on making a big buy at Costco. The popular Issaquah-based warehouse retailer just put a limit on gold bar purchases.
Costco began selling gold bars in 2023. It’s estimated that the company sells more than $100 million worth of gold bars every month. The limit is now one bar per transaction, with a maximum of two purchases over 24 hours. The company’s website says there a “Limit of 1 Transaction Per Membership, with a Maximum of 2 Units Per 24 Hours.”
Gold prices are skyrocketing. They’re up 32% the past year.
Only members have access to the bars. On its website, Costco lists a one-ounce, 24-karat Gold Argor Heraeus Kinebar bar for $3,000. The bar is 999.9% pure gold. Various news outlets have reported that up to 77% of locations across 46 states have sold out of the bars within a week.
Follow Us
Support Local, Savor Global Right Here in Seattle
Intentionalist looks to ‘Amplify’ businesses in the Chinatown-International District
A number of iconic and longstanding restaurants in the Chinatown- International District (CID) have closed within the last year. Social entrepreneur Laura Clise is looking to stem the tide collaborating with community partners to launch Amplify, a campaign to support and sustain 35 small businesses in the historic neighborhood. The campaign kicks off in the throes of Asian American, Native Hawaiian and Pacific…
A $670,000 Mattress? Really?
Swedish brand Hästens will open a showroom in Bellevue this July
If you’re in the market for a $670,000 mattress, mark July on your calendar. That’s when Swedish mattress maker Hästens will open a showroom in Bellevue. The brand previously opened a store in downtown Seattle in 2007. It closed a year later. The company says each bed is made from “the finest natural materials,” including…
PCC Sets July Opening For Downtown Seattle Store
Small-format store was first announced last year
PCC Community Markets has cemented plans to open a small format store in downtown Seattle. The store, called PCC Corner Market, is the Seattle-based co-op’s first small format store. It will open in July at Fourth Avenue and Union Street in a portion of the footprint of PCC’s former traditional store that closed in January…
Another Luxury Brand Opens in Seattle
Women’s apparel company Veronica Beard opens in University Village
Veronica Beard has become the latest national retailer to open in Seattle. The New York-based retailer has becomes popular with women because of its classic tailoring spanning workwear, casualwear, and evening attire. The brand is available at Nordstrom and other select retailers, but this is its first brick-and-mortar store in the Pacific Northwest. The new…