Want to add physical gold to your investment portfolio? If so, 1-ounce gold bars could be your best bet right now.

Both 1-gram and 1-ounce gold bars can be good investments, so it's important to understand which one fits best in your portfolio. Getty Images Gold has long been considered a reliable investment ...

Costco Is Selling Gold Bars Now — and They're a Hot Item: 'Gone Within a Few Hours,' CFO Says A 1 oz. 24-karat gold bar from South African company Rand Refinery or PAMP Suisse cost about $1,950 ...

So while 1-ounce gold bars may be more cost-effective than buying coins, if you have a lot of capital you may be better off buying a larger bar instead — as long as you have the storage for it.

Costco's website shows that the company sells one-ounce bars of 24-karat gold from South Africa's Rand Refinery for $1,949.99 and from Swiss supplier PAMP Suisse for $1,979.99.

Costco has been selling out of its one-ounce gold bars — priced at $1,949.99 and $1,979.99 — and are eligible for the 2% cash back that comes with an Executive Member card.

As of June 2, 2025, the Rand Refinery 1-ounce bar is listed at $3,369.99, while the PAMP Suisse version is priced at $3,389.99. That marks a 73% and 71% increase, respectively, in less than two years.

“The wholesale retailer began selling gold online in September and 1 oz. gold bars on Friday were going for $2,069.99, with a limit of two bars per Costco membership,” CNN says.

In August 2023, the warehouse retail club began selling one-ounce bars of 24-karat gold from Rand Refinery, as well as one-ounce 24k gold PAMP Suisse Lady Fortuna Veriscan bars.

One-ounce bars of 24-karat gold from the South African mining company Rand Refinery and Swiss precious metal supplier PAMP Suisse are going for $1,949.99 and $1,979.99, respectively.