Gold bars

Gold prices have surged nearly 58% after the late veteran investor and stock picker Charlie Munger‘s top pick, Costco Wholesale Corp. (NASDAQ:COST), started selling gold bars in June 2023. What Happened: Gold prices have been hitting fresh record highs after surpassing the $3,000 mark. The...

In a surprising move, Costco Wholesale Corporation (NASDAQ:COST) has made a successful venture into the gold market. According to a recent report by CNBC, the retail giant’s gold bars are selling out within hours of their availability. What Happened: CNBC reported on Tuesday that Costco has...

The gold price has been trapped in a steady downtrend. So, why should an investor buy gold now? Because recent gold sector action looks like a bottoming process. And that means the market is ripe for reversal. As a market analyst, I’ve watched many off-the-radar trends that suggest the...