According to USA TODAY, there's now a limit on how many 24-karat gold bars Costco members can purchase. The publication reported that Costco stated that each member could purchase two 1 oz gold bars, made in South Africa, when warehouse club retail stores announced they would be selling the gold in 2023. USA TODAY reported that members used to be able to purchase "a Maximum of 5 Units Per Day," according to Costco's website in January 2025.
According to the publication, the gold bars have been popular among Costco members since their introduction in 2023.
USA TODAY reported that the price of the Costco gold bars jumped from $2,000 to $3,279.99 over the last 19 months. The publication also reported that gold has had a significant increase in price since the end of 2023.
"You're only as good as everyone around you. We don't want to turn over a lot of employees. People deserve to have good wages. And good benefits," said Jelinek during the interview.
"We just want to sell a lot of stuff. And that's what we do," said Jelinek.
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