Buying gold bars from Costco is an easy way to invest in precious metal, but US tariffs on 1-kilogram and 100-ounce bars have caused confusion. Gold futures fell 2% in New York as traders awaited clarification. Costco sells 1-ounce gold bars online, which may not be subject to tariffs. Gold prices hit $4,490 per ounce on Friday amid tariff news. Expert advises against speculative buying or selling until tariff details are clarified. Gold is seen as an insurance policy in case of currency collapse or emergency. Expert recommends holding off on gold transactions until tariff confusion is resolved.
Read more at Yahoo Finance: New gold tariffs are in effect. Will Costco gold bars be affected?
