Costco selling bullion (in the UK)?

pmbug

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I saw this report:
It's not an item likely to be on the weekly shopping lists of many households – but one supermarket giant has started selling gold bullion alongside its everyday groceries.

Bulk-buy specialist Costco, more normally known for its ‘pile-’em-high, sell-’em-cheap’ philosophy, is now offering bars of the precious metal for up to £24,500 a time.
...
While the company’s mark-up on gold is up to seven per cent on the market rate, it is also selling silver bars at a whopping 28 per cent premium.
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I haven't seen any bullion for sale at my local store (here in the USA). I checked costco.com and don't see any listing or mention of gold bars for sale. Maybe it's just a UK/European thing for now?
 

rblong2us

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Ive had a few people ask me about purchasing and storing silver and gold in recent weeks, so there does seem to be a growing awareness in the UK.

Curious that Costco are doing this as I would not have put them in a category of attracting wealthy customers ........
 

pmbug

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In my neck of the woods, Costco is a monster. Everyone has a Costco membership and shops there. They do periodically offer some high end merchandise like full body massage chairs for $5K or so. I'm not sure how many people are actually buying that stuff, but someone must because they keep rotating it in and out of the store. I do see people buying large flat screen TVs (~$2-4K) there frequently.
 
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