Gold (GC=F) reached a record high on Tuesday with Wall Street and investors looking to prices. Yahoo Finance’s Ines Ferré broke down what’s driving prices and the potential risks of gold (GC=F) on March 5, 2024.
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Here is the deal.. Gold – per Troy Oz is being sold retail at Costco and other outlets in the US & Canada. This is a game changer as consumers can feel assured of a legit transaction, purchase a real cool looking gold bar, and do so online in < 10 min. The impact of physical gold consumption should not be underestimated, especially considering consumption in Asia, which is built into the culture from a traditional perspective, especially in regards to marriage, etc... So which is better? 50K bitcoin or 25 Troy ounce costco S.A Rand gold bars? HMMMMMM ?