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Costco’s gold bars earn company up to $200 million monthly, analysts say

Costco is making gold off its own gold. The retail chain is making $100 million to $200 million a month by selling gold bars, according to a Wells Fargo equity research note. Last October, the company began selling 1-ounce bars made of nearly pure 24-karat gold priced at about $2,000. “We view the …

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