Warehouse stores in Canada aren’t just selling large quantities of toilet paper these days — gold bars and coins and other precious metals are moving out of the realm of banking and jewellers and into their aisles.
With gold hitting record-high prices in recent weeks, the metal’s popularity has been reflected at retailers, too.
According to Costco’s chief financial officer, Richard Galanti, the company “sold over $100 million [US] of gold” during a recent 12-week period. Walmart has also started selling gold, silver and platinum bars online to U.S. consumers.
Costco didn’t respond to requests for comment from CBC News, but officials had previously told investors their gold bars
