Costco Gold Bar Value 2025: $870 Profit on 2024 Purchase as Gold Hits Record $3549/Ounce | Selling Guide & Tax Implications
Costco Gold Bar Value 2025: $870 Profit on 2024 Purchase as Gold Hits Record $3549/Ounce | Selling Guide & Tax Implications Key Takeaways Substantial Profits : Costco gold bars purchased in September 2024 have seen gains of approximately $870 per ounce due to gold's record price surge to $3,549/oz in September 2025 . Selling Challenges : Despite the gains, sellers typically receive 5-10% less than spot price due to dealer fees, with brick-and-mortar shops often offering better rates than online platforms . Tax Implications : Physical gold is classified as a collectible by the IRS , meaning long-term gains are taxed at up to 28% versus 20% for stocks, plus potential state taxes . Market Momentum : Gold's surge is driven by Federal Reserve rate cut expectations , geopolitical uncertainty, central bank purchases, and weakening of the U.S. dollar . What's Driving Gold's Insane Price Surge to Record Highs? Gold has absolutely skyrocketed this year, hit...